Customer Winner, October 2018
Abbie is an AI-powered virtual assistant that allows its portfolio management teams to automate repetitive bond trading tasks. Abbie listens for trade instructions on Symphony, reads orders from spreadsheets, suggests Treasury trades based on tenor and currency, builds trades with a variety of bond analytics and quickly shows exposure to issuers. Traditionally, this has been a time-consuming process that could take up to hours to complete manually. Abbie performs these tasks in mere seconds today, giving AllianceBernstein a clear competitive edge in operational speed and efficiency. Abbie launched in early 2018 and currently processes 50% of all AllianceBernstein’s fixed income trades – a productivity improvement equating to roughly 50 hours per day.
Partner Winner, October 2018
Customer Winner, June 2018
The Trade Butler Bot automates the trade validation control for foreign exchange (FX) trades to make the process easier and more effective. Previously a manual process, the Symphony integrated bot solution delivers significant benefits in terms of operational risk mitigation and resource utilization, resulting in an 81% reduction of risk events linked to incorrect trading.
Partner Winner, June 2018