AllianceBernstein Deploys Glue42
Posted by Colin Lambert. Last updated: May 20, 2022
Desktop optimisation provider Glue42 has added investment manager AllianceBernstein (AB) to its client roster.
The firm engaged Glue42 to support and organise its trader interface into a collection of micro applications that form a cohesive workflow. As part of this approach, AB’s engineers will be able to build a framework that integrates and delivers apps in a timely manner and pushes new features to its traders daily – without disruption to the business. Traders will have access to one workspace with multiple ‘virtual desks’ living side-by-side, reducing the number of screens needed to monitor apps and review orders, Glue42 says.
So far, AB traders in both Nashville and New York offices have migrated and have access to event-driven desktop, a workspace in which important information is pushed to traders in real-time without them having to load or monitor the systems directly.
“The initial rollout has already demonstrated tremendous efficiency gains,” says Tim Morbelli, head of emerging markets and municipal trading, AllianceBernstein. “The Glue42 platform has taken the complexity out of integrating desktop, web, and third-party apps, giving flexibility to our engineers and quality assurances team as to how we develop, test, and distribute our applications, all while providing a cohesive experience regardless of who developed the app.
“More so, we can now push notifications to traders without a specific app having to be present on their desktop, which allows them to focus better on execution,” he continues. “Our traders review on average 3,000 orders a day – so being able to focus on the job rather than the systems quickly becomes a competitive advantage. It’s a great example of how technology is helping us address resourcing and improve their experience and productivity.”
James Wooster, COO, Glue42, adds, “AllianceBernstein, like other tech savvy operations, is moving from a passive desktop in which traders need to constantly monitor data feeds to one which is more event driven. This brings a new level of intelligence to the financial services desktop and gives clear benefits for those organisations willing to push beyond basic desktop interop.”