Barracuda FX, a provider of OMS technology to the FX industry, has once again been voted Best Non-bank Order Management System by readers of Profit & Loss magazine.
This is the third consecutive year for Barracuda FX to win this award - the only one in the FX industry that recognises Order Management Systems as a specific category. The Readers' Choice awards, informally known as the FoXys, were decided by more than 2,500 votes and results were announced at the Profit & Loss annual awards dinner in New York on 30 May.
Kieran Fitzpatrick, CEO of Barracuda FX says "As this is the only award of its kind in the market, winning it every year since we set up our company is an honour. Having our clients vote for us again is testament to our excellent system and its successful deployment in some of the world's biggest FX banks."
Barracuda FX has been adopted globally by top-tier and mid-tier banks that are focused on addressing operational efficiencies and improving revenues through effective order management.