---
title: "Outlook 2016: Scott DePetris, Portware"
description: Buy-side demand for improved trading analytics, multi-asset trading support and open architecture will continue to grow throughout 2016, predicts Portware.
image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/outlook-2016-scott-depetris-portware-1.jpg
---

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# Outlook 2016: Scott DePetris, Portware

 12.30.2015 By Rob Daly

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*Scott DePetris, is president and COO of Portware.*

**What were the major themes of your business in 2015?**

We saw a spike in interest in multi-asset electronic trading platforms and automation in 2015. We've seen evidence of this on a number of fronts at Portware, from significant client wins and interest from new firms around the world, to meaningful expansions of existing relationships, and ultimately our acquisition by FactSet.

This year will go down as the year the electronification of FX became a foregone conclusion... and the industry set its sights on fixed income as the next focus area.

![Scott DePretis, Portware](https://static.hsstatic.net/BlogImporterAssetsUI/ex/missing-image.png) Scott DePretis, Portware

**What are your expectations for 2016?**

In 2016, we expect to see significant uptake of multi-asset, global enterprise-strength execution management systems. Furthermore, we expect continued consolidation in the industry--not just of vendors, but of clients' technology choices.

As the roles of trader and portfolio manager converge, TCA and analytics will become more prevalent--a *lingua franca* of sorts--throughout the investment lifecycle.

Within the context of increasing oversight and regulatory concerns, the ability to ingest, analyze, rank, and act on data in real time will drive adoption of forward-thinking, future-proof technologies. Open architectures, support for customization, and transparency will be key traits buy-side firms will look for in strategic technology partners.

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