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 Bank pioneered white labeling in 2001 and since then its partnerships with sell-side institutions have grown to become a cornerstone of the Bank’s business. In 2013 alone, 10 banks upgraded their client technology and product offering by outsourcing to Saxo Bank’s multi-asset trading platform and risk management technology. More than 100 financial institutions, including 20 with cross border activities, use Saxo Bank as their trading engine.
Matteo Cassina, Executive Vice President at Saxo Bank said: “Saxo Bank continues to be the partner of choice for financial institutions looking to replace or upgrade their trading technology. Our success rests in our ability to offer a range of solutions to support our clients’ trading needs. Underpinned by innovation, this offering, combined with our revenue sharing model, allows clients to upgrade their trading systems at no upfront cost. As technology becomes even more important to the banks’ profitability, we expect demand for our white label services to continue to grow.”
Winners of the Sell-side Technology Awards were announced at an award ceremony in New York. Please find the full results here: https://events.waterstechnology.com/sstawards