Asset management firm AllianceBernstein picks OpenFin for new OS
AllianceBernstein, the global asset management firm, has chosen OpenFin, the operating system of finance, to help accelerate their digital transformation strategy.
The firm will upgrade its desktop technology infrastructure, allowing integration and interoperability with legacy and third-party applications without the need to rewrite legacy code.
Michael Herskovitz, co-head of technology and operations of AllianceBernstein, says: “We have a very clear, firm-wide strategy to modernise our technology infrastructure, which will improve trader workflows and ensure that we can efficiently leverage innovative third-party apps coming to market.”
He adds: “Through extensive due diligence we determined the best way for us to achieve our strategy was to collaborate with OpenFin. Building on OpenFin’s OS makes sure integration and interoperability between our existing applications, as well as a number of third-party apps, makes our workflows more efficient.”
AllianceBernstein is now actively migrating .NET and legacy applications onto OpenFin OS, accelerating their movement to web technology.
According to the firm, its traders will be able to develop more efficient workflows and make better use of their existing trading tools, by giving them the ability to interact with both internal and external applications.