The industry organization also recognized the innovative work of money management firms at the 14th annual NICSA/NOVA awards last week in Boston.
PureFunds CEO Andrew Chanin discusses what differentiates his firm's novel offerings from the rest of the industry.
While in the past the buzzwords have led to measurable evolution, this time it looks and feels a bit different.
The decision marks a strategic adjustment for Lenexa, Kansas-based Bats, which previously offered money to issuers to list their ETFs on its platform.
In todays fluid market, money is constantly in motion, and advisors tend to control much of its movement and momentum.