The readers of Profit & Loss Magazine have once again given DealHub (Option Computers Ltd) their “Readers Choice” Digital Markets Award for Best Post Trade Services. This marks the fourth consecutive win for DealHub in the hotly contested annual awards.
The result was announced last night at the Profit & Loss Digital Markets Award dinner at the Crowne Plaza hotel in New York, following months of voting by financial market participants and readers of the publication.
“We work hard to put customers and their requirements at the heart of everything we do” commented Peter Kriskinans, DealHub CEO “That’s why this award means so much to the DealHub team and why we’re so pleased to win again this year. We’re working hand in hand with our customers to build the solutions they need to improve trading performance, reduce risk and stay compliant in a fast evolving FX landscape. This award is a validation of all that hard work and I’d like to thank our customers around the world, both for their votes, and for their continued trust in our services.”
DealHub’s post trade solutions are live at all of the world’s largest FX banks and a significant number of regional and specialist banks, brokers and buy side institutions. These firms rely on Dealhub to safely deliver high throughput Straight Through Processing (STP) messages, from the full range of trading channels, into risk and back office systems, and to carry out complex trade transformation, reconciliation and reporting tasks. Output from chat-based dealing platforms can be analysed to automatically create trade tickets for any instrument, including complex options.
By normalising all trade tickets and chat interactions into a common format regardless of source, DealHub establishes a unique point of post trade standardisation. This allows banks to overview trading activity in real time, consolidated across multiple sources, and to establish a comprehensive archive of all trading interactions for compliance and trade investigation purposes.
In addition to its post trade services, Dealhub is also a leading provider of eTrading solutions to the FX market through its flexible toolkit of modular eFX solutions.