Broadway Technology

Broadway, United States

Broadway Technology

Broadway, United States

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NEW YORK, NY--(Marketwired - May 09, 2017) - Broadway Technology, a leading provider of high-performance software and infrastructure for global financial institutions, announced today that it has closed a $42 million minority investment led by Long Ridge Equity Partners. The financing will accelerate Broadway's growth into new global markets and will allow the company to further expand its world-class product and service offering. Founded in 2003, Broadway provides mission-critical trading solutions for top global, regional, and national banks, brokers, and hedge funds. Leveraging its core technology platform, the TOC, Broadway's solutions handle over $100 trillion of trading volumes annually within the fixed income and foreign exchange markets. Broadway's unique combination of next-generation fintech applications and unifying infrastructure enables its clients to adapt to dynamic competitive and regulatory trends. The TOC, Broadway's data-oriented architecture, enables seamless integration of legacy software systems, unprecedented visibility into and control over enterprise data, and a wide range of large integrated business applications. "We are excited to partner with Long Ridge as we enter our next phase of growth," Broadway CEO, Tyler Moeller, said. "We chose Long Ridge as a partner due to their unparalleled expertise in capital markets technology and strong track record of investing in leading financial technology firms. Long Ridge's capital and strategic support will enable Broadway to accelerate our global expansion and continue our rapid growth, while delivering powerful new functionality and top-tier services to our existing customers." "Broadway provides industry-leading FX, fixed income, enterprise, and regulatory technology solutions to the world's largest financial institutions," said Kevin Bhatt, Long Ridge Partner. "The company is well positioned to take advantage of a rapidly evolving capital markets landscape with its advanced, flexible solutions and world-class development capabilities. We look forward to working closely with the Broadway team as they continue to penetrate new and existing geographies, customers, and asset classes." Long Ridge's prior experience investing in the capital markets technology space includes Portware, Liquidnet, Currenex, and FXCM. In connection with the investment, Jim Brown and Kevin Bhatt of Long Ridge Equity Partners will join the Broadway Board of Directors. Signal Hill served as financial advisor and Dentons US LLP served as legal counsel to Broadway. Budd Larner served as legal counsel to Long Ridge. ABOUT LONG RIDGE EQUITY PARTNERS Founded in 2007, Long Ridge Equity Partners is a private investment firm focused on the financial services industry. Leveraging deep sector knowledge and an extensive network of industry resources, Long Ridge serves as a value-added partner to high-growth financial services businesses. Over the last fifteen years, Long Ridge's principals have sponsored some of the most successful growth companies in the financial sector, providing strategic resources and capital to drive profitable expansion. Long Ridge has raised over $400 million of committed capital for investment in the financial services sector. For more information on Long Ridge Equity Partners, please visit www.longridgecap.com. ABOUT BROADWAY TECHNOLOGY, LLC Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway, please visit: www.broadwaytechnology.com or contact Broadway at: info@broadwaytechnology.com


News Article | July 11, 2017
Site: globenewswire.com

NEW YORK, July 11, 2017 (GLOBE NEWSWIRE) -- Broadway Technology, a leading provider of high-performance fintech solutions to top sell- and buy-side firms around the world, is proud to announce it’s been named “Best FX connectivity provider of the year” by FX Week during the 14th annual e-FX Awards to be held in New York on July 12th. A panel of judges including the editor of FX Week, as well as four seasoned industry experts, identified Broadway as a top provider on multiple dimensions: solution value, service quality, infrastructure quality, breadth of offering, and on-boarding speed. The panel also shortlisted Broadway for “Best e-FX software provider” and “Best e-surveillance solution provider.” This marks the second consecutive year Broadway’s received honors, as it was also highly commended for “Best e-FX software provider” last year. Hosted by FX Week, the e-FX Awards recognize excellence, innovation, and superior customer service in foreign exchange, and they are widely regarded as an important industry benchmark for quality of service, outstanding achievement, and leading providers. The 2017 judging panel considered more than 120 companies in selecting winners. “This year’s FX Week e-FX Awards received a crowded field of entries,” says Eva Szalay, Editor of FX Week and Head Judge. “As expected, the categories focused on technology providers saw booming demand.” “It’s an honor to be recognized as a top provider by FX Week’s expert panel,” says Tyler Moeller, CEO and co-founder of Broadway Technology. “There’s increasing demand for cross-asset functionality, better (not just more) liquidity, enhanced trading efficiency, improved data management, smarter automation, finer customer segmentation, more powerful analytics, and broader surveillance. Broadway checks all these boxes. Our solutions span the full trade life cycle from end to end, integrate easily with clients’ existing infrastructures, support the full range of FI and FX asset classes, include optional full-service colocated hosting, and enable instant access to tradeable assets worldwide.” “It’s a testament to our entire team that FX Week has identified Broadway as a leading provider two years running,” says Joshua Walsky, Broadway’s CTO and co-founder. “Our flexible technology and services afford multiple efficiencies for clients. Using Broadway for all aspects of the system (hardware, software, and services) substantially reduces total cost of ownership by accelerating deployment, streamlining administration, and enhancing quality of service. It also creates a value-compounding network effect because it brings together market makers, takers, and fragmented liquidity on a shared common platform for achieving high-performance data and systems integration. In effect, we’re providing an industry standard for universal interconnectivity.” Click here for the full story. FX Week is the industry’s leading information source for foreign exchange and money market professionals working within commercial banks, investment banks, central banks, brokerages, institutional investors, multinational corporations and vendor companies serving the banks and financial institutions. FX week is part of the Incisive Media organisation. Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo. To learn more about Broadway, please visit: www.broadwaytechnology.com or contact Broadway at: info@broadwaytechnology.com.


NEW YORK, NY--(Marketwired - November 02, 2016) - Broadway Technology is pleased to announce that its unique and progressive corporate culture was recognized as a winner of SmartCEO Magazine's Corporate Culture Award Program. The Corporate Culture Awards celebrate 50 companies in Greater New York that have successfully championed a positive, productive and performance-driven culture, and have worked with their employees to develop successful cultural practices. Winners will be profiled in the November/December issue of SmartCEO magazine and celebrated at an awards ceremony on Wednesday, Nov. 30, 2016 at 404 NYC. "The 2016 Corporate Culture Award winners have realized that running a company is more than head count and the bottom line. It's about creating a place where creativity, energy and ideas are cultivated. Through this they are able to not only enhance performance and sustain their companies' competitive advantages but also enrich the lives of those they employ and inspire them to make a greater impact on the world," says Jaime Nespor-Zawmon, President of SmartCEO. "We're honored to celebrate with the leaders of New York's top company cultures and recognize them for building true performance-driven cultures." "Broadway Technology is honored to receive this award for our unique corporate culture and philosophy which empowers employees to have a significant positive impact. Our people are not only the best in their fields, but they will go out of their way to help someone else learn and succeed. This spirit of enabling shared success runs throughout the organization and is based on a belief that we are a stronger organization when we all work together," said Broadway Technology Head of Talent and Culture, Mary Loeffler. The Corporate Culture Awards program honors companies that foster a creative, collaborative workplace culture to enhance performance and sustain a competitive advantage. Smart leaders understand that culture is a company's greatest asset, driving performance and growth. What's more, a successful culture is actively and intentionally cultivated and developed. Corporate Culture Awards winners will have championed for a positive, productive culture in their organization, and will have worked with employees to develop successful cultural practices. The final roster of winners will be chosen by an independent committee of local business leaders, profiled in SmartCEO magazine, and celebrated at a high-energy awards event. SmartCEO's mission is to educate and inspire the business community through its award-winning magazine, connections at C-level events and access to valuable online resources. SmartCEO's integrated media platforms reach decision makers in the Baltimore, Boston, Charlotte, Long Island, New Jersey, New York, Philadelphia and Washington, DC, metropolitan areas. Broadway Technology is a leader in high-performance financial solutions for top-tier global, regional, and national banks and brokers, and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, and London. To learn more about Broadway, visit us at: www.broadwaytechnology.com, or contact us at: info@broadwaytechnology.com / tel: 646.912.6450.


NEW YORK, NY--(Marketwired - November 16, 2016) - Broadway Technology today announced it ranked 410 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Broadway Technology grew 159% during this period. "We are proud to be named to Deloitte's Technology Fast 500™," said Tyler Moeller, CEO of Broadway Technology. "This acknowledgement by Deloitte is an affirmation that Broadway's long term commitment to customer success, hiring exceptional people, and building great software is paying off." "Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible," said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications industry leader. "This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls." "This year's Fast 500 winners showcase that when organizations are open to diverse perspectives and insights, they are able to create an environment for their employees and customers to see the possibilities and ingenious solutions that might lie ahead," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte & Touche LLP. "Entrepreneurial environments foster change and innovation within businesses, and we look forward to watching these companies continue to drive change across all sectors." About Deloitte's 2016 Technology Fast 500™ Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies -- both public and private -- in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. As used in this document, "Deloitte" means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. About Broadway Technology Broadway Technology is a leading provider of high-performance fintech solutions and technology infrastructure to top-tier global, regional, and national banks and brokers, and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, and London. To learn more about Broadway, visit us at: www.broadwaytechnology.com, or contact us at: info@broadwaytechnology.com / tel: 646.912.6450.


Papa D.,Broadway Technology | Viswanathan N.,IBM | Sze C.,IBM | Li Z.,IBM | And 3 more authors.
IEEE Micro | Year: 2011

In traditional physical-synthesis methodologies, the placement of flip-flops and latches is problematic, especially for large systems on chips. A next-generation electronic-design-automation methodology improves timing closure through clock-network synthesis and placement of flip-flops and latches to avoid timing disruptions or immediately recover from them. When evaluated on large CPU designs, the methodology saw double-digit improvements in timing, wirelength, and area versus current technology. © 2006 IEEE.


Papa D.A.,Broadway Technology | Markov I.L.,University of Michigan
Lecture Notes in Electrical Engineering | Year: 2013

Physical synthesis is a multi-phase optimization process performed during IC design to achieve timing closure, though area, routability, power and yield must be optimized as well. Individual steps in physical synthesis, called transformations are invoked by dynamic controller functions in complex sequences called design flows (EDA flows). Transformations rely on abstract delay models to analyze timing requirements and guide optimization, as illustrated in Sect. 2.3. Finally, we describe recent evolution of requirements for physical synthesis and discuss current trends. © 2013 Springer Science+Business Media New York.


Papa D.A.,Broadway Technology | Markov I.L.,University of Michigan
Lecture Notes in Electrical Engineering | Year: 2013

In a complete physical synthesis flow, many optimizations are applied to critical paths that are already optimized by a series of powerful transformations, as described in Chap. 2. Transforms that can further improve the timing of such paths are invaluable for timing closure. Finding such transformations and applying them efficiently is challenging. © 2013 Springer Science+Business Media New York.


Papa D.A.,Broadway Technology | Markov I.L.,University of Michigan
Lecture Notes in Electrical Engineering | Year: 2013

Optimizations developed in earlier chapters affect many aspects of physical synthesis, but often target sequential elements, which particularly impact circuit performance. In order to obtain synergies between these optimizations, we explore the infrastructure for physical synthesis used by IBM for large commercial microprocessor designs. We focus our attention on a very challenging high-performance design style called large-block synthesis (LBS). In such designs latch placement is critical to the performance of the clock network, which in turn affects chip timing and power. Our research uncovers deficiencies in the state-of-the-art physical synthesis flow vis-à-vis latch placement that result in timing disruptions and hamper design closure. We introduce a next-generation EDA methodology that improves timing closure through careful latch placement and clock-network routing to (i) avoid timing degradation where possible, and (ii) immediately recover from unavoidable timing disruptions. When evaluated on large CPU designs recently developed at IBM, our methodology leads to double-digit improvements in key circuit parameters, compared to IBMs prior state-of-the-art methodologies. © 2013 Springer Science+Business Media New York.


Papa D.A.,Broadway Technology | Markov I.L.,University of Michigan
Lecture Notes in Electrical Engineering | Year: 2013

A physical synthesis flow reads a mapped netlist produced by logic synthesis, then computes physical locations for gates and improves the performance of the circuit, until timing constraints are met. We observe that state-of-the-art flows consist of a series of optimizations that operate at two distinct scales, near-linear time algorithms that apply to the whole netlist, and more expensive transformations that typically operate on a handful of gates or interconnections. Such a limited view of the solution space of circuit optimization leaves many transformations vulnerable to becoming trapped in local minima. We observe this phenomenon on large, high-performance designs and improve upon the state of the art by integrating optimizations that are traditionally applied separately. Our novel transformations achieve broad opportunities for increased circuit performance and can handle larger design subsections than existing physical-synthesis transformations, thereby extending the scope of optimization. Given that the placement of sequential elements is a critical factor to the success of timing closure, we develop a next-generation timing-closure flow that improves the placement of sequential elements and facilitates the synthesis of high-performance clock networks. © 2013 Springer Science+Business Media New York.


Biggs M.,Broadway Technology
SPLASH Companion 2015 - Companion Proceedings of the 2015 ACM SIGPLAN International Conference on Systems, Programming, Languages and Applications: Software for Humanity | Year: 2015

This paper introduces "statik", a C++ software library for automatically generating fully-incremental compilers. Given a grammar for any phase of a compilation process (e.g. lexer, parser, code-generator), the library provides a top-down chart parser that accepts incremental changes to a linked-list of input for that compilation phase, and emits the corresponding changes as a linked-list of output. The output of one phase can be chained as input to another, so that a whole compiler can be constructed as a pipeline of an arbitrary number of compilation phases. This can be used as an incremental mapping between character-by-character edits anywhere in an input source file through to the resulting changes in the compiled object code, with minimal recom-putation of intermediary state. Statik is released as Free software, and is available under the GPLv3+ license at http://statik.rocks.

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