India, 28 November, 2013 – Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that it has been named “Best Broker for Emerging Markets” and “Best Vendor for Dealing Technology” in the FX Week Best Bank Awards 2013. FX Alliance Inc. (“FXall”), a Thomson Reuters company and the leading independent global provider of electronic foreign exchange trading solutions, was also named “Best Professional Electronic Trading Venue” in the awards. Since 1995, the FX Week Best Banks Awards have been a benchmark for the global foreign exchange industry and are indicative of who is leading the market, according to banks, corporate treasuries and investors.
Thomson Reuters was named FX Week’s “Best Vendor for Dealing Technology” for the sixth consecutive year while FXall was awarded “Best Professional Electronic Trading Venue” for the fourth consecutive year.
“We are delighted to have been recognized once again through these awards and want to thank our customers for their continued support and appreciation of the solutions we provide,” said Phil Weisberg, global head of FX, Thomson Reuters. “We have worked hard this year to ensure that Thomson Reuters is our customers’ first choice for venues and workflow, providing the insight, community, liquidity and execution and workflow management capabilities to address evolving needs of the FX market. These FX Week awards are testament to this continued commitment and we look forward to delivering further upon this vision into 2014.”
“Thomson Reuters has a strong, long-established foothold in a number of emerging markets and has had an active presence in Asia since 1851,” said Shanker Ramamurthy, president, Global Growth & Operations, Thomson Reuters. “The recognition of our FX offering in emerging markets is particularly exciting given that this year Thomson Reuters was instrumental in a number of initiatives across Asia to provide the region’s sell-side customers with FX services and solutions to meet their changing needs.”
This recognition comes on top of Thomson Reuters and FXall receiving ten other industry accolades so far this year. Thomson Reuters and FXall platforms have been named Best Online FX Trading System (Independent category) at the Global Finance Best Foreign Exchange Providers 2013 and 2014; Multibank and Independent Platform of the Year in the Euromoney FX Survey; Best FX Data Provider at the Inside Market Data & Inside Reference Data Awards 2013; Best FX Market Data Platform, Best Platform for Corporates and Best FX Request for Stream Platform at the Profit & Loss Awards 2013; Best Buy-Side Trading System at the FOW Asia Awards 2013; Best Multi-Dealer FX Platform at the Financial News Awards for Excellence in Trading & Technology 2013; and Best FX Dealing Portal in Treasury Management International Awards for Innovation & Excellence in Treasury 2013.