CHICAGO, April 21, 2015 (GLOBE NEWSWIRE) -- via PRWEB - UCX, the Universal Compute Xchange, today announced that it has been chosen by AlwaysOn as one of the OnFinance "Top 50 Companies to Watch" for 2015. Inclusion in the OnFinance 50 signifies leadership amongst its peers. UCX was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and FinTech buzz.
UCX and the OnFinance "Companies to Watch" companies will be honored at AlwaysOn's OnFinance event on April 30, 2015, at NASDAQ OMX, 4 Times Square, NYC, NY. UCX Founder, Adam Zeck will be presenting a special company overview.
This exclusive event gathers the brightest minds at OnFinance for a lively exchange on the top trends and most lucrative entrepreneurial opportunities in business, personal finance, and digital currencies.
"The OnFinance Companies to Watch represents the best-of-breed of private companies in the b2b and personal finance, crowdfunding, payments, and digital currency sectors," explained AlwaysOn founder and editor, Tony Perkins. "Given the growing demand by both consumers and Fortune 100 companies for new generation Fintech solutions, and the amount of investment dollars pouring into the space, the OnFinance "Companies to Watch" private companies are well positioned to be the fastest growing and most highly valued new companies on the planet."
The OnFinance "Companies to Watch" winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2015 list.
"UCX is building new asset classes of exchange traded digital commodities, which allow organizations to measure, forecast, and hedge IT," said Adam Zeck, UCX Founder. "We appreciate the recognition from the AlwaysOn community for our thought leadership in FinTech."
A full list of all the OnFinance 100 winners can be found on the AlwaysOn website at http://www.aonetwork.com.
About UCX
UCX, Universal Compute Xchange, is defining a new asset class of exchange traded products that are available for trading on an electronic platform using technology licensed from CME Group that address the needs and risks of the digital generation. UCX, the leading global exchange for trading infrastructure as a service, IaaS, "The Cloud", has licensed the patented Workload Allocation Cube (WACTM) metric for measuring IT infrastructure usage, to create the benchmark WAC financial contract. UCX enables buyers and sellers to engage in price discovery and trade standardized WAC financial contracts to reduce their financial IT Infrastructure risk exposure while increasing operational agility and market efficiency, from a transparent, centralized marketplace. UCX is where the universe comes to trade.
For more information visit http://ucxchange.com/ and follow us on twitter @ucxchange
About AlwaysOn
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn's mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.
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