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For almost 25 years, SLIB has been a reliable partner to the financial industry, in step with the changes in the European securities landscape, by offering its customers innovative software solutions to streamline their securities processing and improve their performance, whilst mitigating their risks.
smartTrade technologies was named winner of this year's best liquidity management system by FX Week. Winners were announced at Tuesday night's award ceremony in New York. The e-FX awards are highly regarded in the industry for recognizing innovation and excellence across the FX market.
Joel Clark, FX Week Editor, said, “The award goes to a company that has dedicated itself over the past 13 years to the provision of liquidity management software across asset classes, but has seen particular traction in the FX market. With a growing client list most recently enhanced by FXSpotStream, the new bank-backed FX spot aggregation service, this is vendor that looks set to continue to grow market share in this niche but crucial sector of the eFX business.”
In addition to FX SpotStream, smartTrade recently added Commerzbank, HSBC, and other tier 1 and tier 2 banks to their existing base that includes amonst others, Nomura, RBS, EBS, Daiwa Capital Markets, BPCE, Dexia, Cheuvreux, and TraderTools.
According to FX Week, smartTrade was chosen because it "demonstrates innovation in its ability to assess and analyze internal and external flows in real time to generate bespoke pricing while managing risks for the bank." smartTrade’s technology provides a solid backbone for clients’ FX trading activity, enabling them to aggregate liquidity, distribute custom pricing, internalize customer flow, algorithmically route orders, risk manage positions and integrate with post-trade processing.
“This award means a great deal to smartTrade,” said Harry Gozlan, CEO of smartTrade. “The panel of judges are a group of top industry experts who followed an in-depth evaluation process and talked with several client references who testified to the quality and innovation of smartTrade’s technology.”