The readers of Profit and Loss magazine have voted DealHub (Option Computers Ltd) number one in two categories in this year’s Readers Choice awards. DealHub scooped ‘Best Post Trade Provider’ for the 5th year in a row, while also winning the ‘Digital Markets Innovator Award’ for their trading connectivity service, FX Distribution Hub.
The result was announced last week at the Profit & Loss Digital Markets Award dinner in New York, following months of voting by financial market participants and readers of the publication.
“Over the last year, we’ve continued to put customers at the heart of everything we do at DealHub and we couldn’t be more pleased to win these two awards” commented Peter Kriskinans, DealHub CEO “Winning Best Post Trade Provider for the fifth year in a row is a validation of our record of speed and reliability, as well as our ability to tackle the most complex workflow challenges faced by our customers. I’d like to thank the team at DealHub for all their hard work and dedication over the last year – and our customers around the world for their votes of support.”
Chris Leaver, DealHub COO, added “We’re also delighted that the market has recognised FX Distribution Hub with the Digital Markets Innovator award - we're excited about the role we're playing in making eFX markets more efficient, helping our customers reach new trading partners by broadening their ECN connectivity and building direct liquidity relationships between member banks”
DealHub’s post trade solutions are live at the majority 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. Additional workflow modules from DealHub perform complex transformation, reconciliation, processing and regulatory reporting tasks, as well as providing live business intelligence on all trade flow.
FX Distribution Hub is a fully managed trading connectivity platform for market making and liquidity sourcing via direct connectivity to trading venues and the Hub’s growing membership of global and regional banks. Additional workflow and pricing logic can be managed by the Hub, including price margining and low latency credit checking. A powerful business intelligence capability provides real-time and historical feedback on pricing and infrastructure performance. The managed service is hosted in Equinix LD4 and NY4, co-located with many of the industry’s leading participants and trading venues.