Tradingscreen has won the WatersTechnology Sell-Side Technology Award for Best Sell-Side OTC Trading Initiative. WatersTechnology Sell-Side Technology Awards recognize the leading technologies, through an auditable and transparent methodology underpinned by the input and experience of judges.
Victor Anderson, Editor-in-Chief, WatersTechnology said: "TradingScreen has demonstrated leadership through its Sell-Side OTC Trading Initiative, underpinned by the firm's innovative technology and versatile trading platform, which currently powers one of the largest and most complex fixed-income markets in the world. TradingScreen's technology provides a single trading platform that can manage liquidity and the various inherent demands of a highly fragmented market with ever-increasing regulatory requirements."
Philippe Buhannic, CEO of TradingScreen said: "We are proud to receive the recognition for our innovation in the development of Sell-Side OTC platform as these markets go through an intense redefinition and are moving from basic RFQ models to 'Best Execution' operating models. This combined with the dramatic shrinking of market making and liquidity creates a challenge for all players, especially for the Sell Side in their Market making and Intermediation OTC business. New solutions are key to solving the operational and liquidity issues and TradingScreen is actively engaged in working with top participants on this."