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Elsen nPlatform earns prestigious industry recognition from Software
& Information Industry Association

BOSTON–(BUSINESS WIRE)–Elsen,
the Platform-as-a-Service company for large financial institutions,
today announced that Elsen nPlatform was named a SIIA CODiE Award
finalist in the Best Financial & Market Data Solution category. This is
the second consecutive year for Elsen to be recognized as a finalist in
the same category. In 2018, Elsen was recognized for a product developed
through its partnership with Thomson Reuters (now Refinitiv), Thomson
Reuters QA Point Powered by Elsen.

Being named a CODiE Award finalist adds to the significant traction that
Elsen has gained recently through customer relationships and additional
awards programs. Earlier this year, the company announced that Franklin
Templeton selected Elsen nPlatform
to accelerate its data-driven
strategies. In addition, Fidelity
Investments began working with Elsen
through MassChallenge FinTech
to explore ways Elsen nPlatform could cut down the time spent assembling
large data sets. Most recently, Elsen was recognized as one of 29 U.S.
companies named as a member
of the WEALTHTECH 100
, a list of the most innovative WealthTech
companies selected by a panel of industry experts and analysts, and
compiled by FinTech Global.

“As an award program that enlists respected industry experts to closely
evaluate each nomination, becoming a CODiE finalist for the second year
running is a big honor,” said Zac Sheffer, Elsen’s co-founder and CEO.
“Being recognized this time specifically for Elsen nPlatform provides
strong validation for the progress we’ve made in helping large financial
institutions work more easily with massive amounts of data.”

The Elsen nPlatform gives asset managers a way to use incompatible data
and modern technology to generate alpha, construct new products, and
optimize data vendors. It allows any financial professional – quants,
non-quants, and people in investment, research and analytics roles – to
transform the way they work by letting them rapidly access and use data
for analytics to guide investment decisions.

“The 2019 CODiE Award finalists are some of the most innovative,
high-impact products in the market. We are happy to recognize these
products and the power they have to transform the future of how we do
business.” said Ken Wasch, President of SIIA.

The SIIA CODiE Awards are the industry’s only peer-recognized awards
program. Business technology leaders including senior executives,
analysts, media, consultants and investors evaluate assigned products
during the first-round review which determines the finalists. SIIA
members then vote on the finalist products and the scores from both
rounds are tabulated to select the winners. Winners will be announced
during the Business
Technology CODiE Award Celebration
at the SIIA
Annual Conference & CODiE Awards
, June 12 in San Francisco.

Details about each finalist are listed at http://www.siia.net/codie/Finalists.

About the SIIA CODiE™ Awards
The SIIA CODiE Awards is the
only peer-reviewed program to showcase business and education
technology’s finest products and services. Since 1986, thousands of
products, services and solutions have been recognized for achieving
excellence. For more information, visit siia.net/CODiE.

About Elsen
Elsen is the platform-as-a-service company for
large financial institutions. It allows anyone to effortlessly harness
vast quantities of data to make better decisions and quickly solve the
most complex problems. The Elsen nPlatform transforms how financial
professionals work – including those in investment, research and
analytics roles – by offering a way to optimize data vendors, use
incompatible data and construct new products that generate alpha. The
company is headquartered in Boston and is backed by a combination of
venture capital and hand-picked angel investors from the startup and
financial community including Accomplice, Hyperplane Venture Capital,
Launch Capital, Sequoia Strategic Advisors, and Bret Siarkowski. For
more information, visit www.Elsen.co
or follow @ElsenInc
on Twitter.

Contacts

fama PR for Elsen
Mike Reilly, 617-986-5008
[email protected]