- 24.04.2015, 17:44:08
- /
- OTE0007
Saxo Bank Wins Best Outsourcing Provider for White Labelling Service in Sell-Side Technology Awards 2015
Hellerup, Denmark (ots/PRNewswire) - Award Won for the Second Year in
a Row Affirms Saxo's Leadership in White
Labelling Services
For the second year in a row, Saxo has been named Best Outsourcing
Provider in the Sell-side Technology Awards as it becomes the
outsourcing trading technology partner of choice for the sell-side
industry. The awards are designed to recognize leading technology
providers through an auditable methodology and input from eight
judges consisting of sell-side CIOs and consultants and Waters
magazine's senior staff members.
Saxo pioneered FX white labelling in 2001 and since then its
partnerships with sell-side institutions have grown to become a
cornerstone of the Bank's business. There are now 120 active White
Label partners (WLPs) using Saxo's technology, including 10 banks
with cross-border activities and in 2014 alone, 10 new partnerships
were established.
The success of Saxo's platform lies in its commitment to innovate and
its ability to continue to enhance its offering. Two major
innovations were introduced in 2014: Saxo Portfolio Manager and Saxo
Stock Options. Saxo Portfolio Manager is an integrated portfolio
management and trading solution for wealth managers allowing WLPs to
service self-directed, advisory and discretionary clients from one
platform that integrates portfolio management, trading and reporting
technology. This month, stock options were incorporated into Saxo's
WLP offering, following their successful launch to private and direct
institutional clients in 2014.
Saxo offers a truly multi-asset trading platform with more than
30,000 financial products including FX (spot, forwards and options),
stocks, CFDs, commodities, futures, contract options and single stock
options.
Winners of the Sell-side Technology Awards were announced at an award
ceremony this week hosted by Waters Technology. Attending the awards
ceremony in New York and accepting the award on behalf of Saxo,
Jennifer Hansen, Head of Institutional Business, said:
"Pressures on costs coupled with an inability to keep up with the
pace of evolution in trading technology in-house means that banks
have continued to look to Saxo to outsource their trading technology.
They can choose to invest themselves in trading platforms and
technology, and risk their innovations becoming obsolete in a short
period of time, or they can outsource this to firms such as ours for
whom innovation is in the DNA. I think the latter model is on its way
to becoming the norm."
Please find the full results here:
http://events.waterstechnology.com/sstawards/static/winners-2015
About Saxo Bank
Saxo Bank is an online multi-asset trading [http://www.saxobank.com/
products?csref=b1744_Link_boilerplate_pressrelease ] and investment
specialist, offering private investors and institutional clients a
complete set of tools for their trading and investment strategies.
Its financial community portal, TradingFloor.com
[https://www.tradingfloor.com ], is the first multi-asset social
trading platform. A fully licensed bank in Europe under supervision
of Danish FSA, Saxo Bank enables clients to trade FX, CFDs, ETFs,
Stocks, Futures, Options and other derivatives on our award-winning
SaxoTrader platform, accessible on PC
[http://www.saxobank.com/trading-platforms/saxotrader ]s, tablet
[http://www.saxobank.com/trading-platforms/saxowebtrader ]s or
smartphone
[http://www.saxobank.com/trading-platforms/saxotrader-apps ]s through
a single account and available in more than 20 languages. The
platform is white-labelled by more than 100 major financial
institutions worldwide. Saxo Bank also offers professional portfolio
and fund management as well as traditional banking services through
Saxo Privatbank. Founded in 1992, Saxo Bank is headquartered in
Copenhagen and has offices in 26 countries throughout Europe, Asia,
the Middle East, Latin America, Africa and Australia.
ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | PRN






