Saxo Bank wins Best Prime Broker Innovation in HFMWeek European Hedge Fund services awards
Saxo, the leading fintech specialist focused on multi-asset trading and investment, has today announced that it has won Best Prime Broker – Innovation in the HFMWeek European Hedge Fund Services Awards 2019.
Now in their 10th year, the annual HFMWeek European Hedge Fund Services Awards recognise and reward excellence in hedge fund servicing. The awards involve a rigorous judging process based on the views of a panel of leading hedge fund COOs, CFOs, CCOs, GCs and CTOs with strict criteria for each category.
Innovation has been a driving force behind Saxo’s strategy since its inception. Saxo has democratised and digitalised the entire investment and trading process, delivering seamless access to global capital markets and expertise to private individuals and institutional partners, including hedge funds and wholesale clients.
Globally, Saxo has enjoyed unprecedented success in providing tailored, dedicated services and support to hedge fund partners over the past 12 months, particularly in Europe and Asia. In the UK alone, twice as many new hedge funds clients went live during 2018 compared to 2017.
Further, Saxo having received a number of awards in recognition of its prime brokerage business, including Best Boutique Prime Broker in the HFM Hedge Fund Asia Awards; Best Prime of Prime House in the FX Week Best Bank Awards; Best Prime-of-Prime Provider in the FX Week e-FX Awards and Best Prime Broker - Technology in the HFMWeek European Hedge Fund Services Awards.
Commenting on the win, Alex South, Director, Saxo Bank, said, "We are delighted to have won this award and to be recognised once again for our unique offering to the European hedge fund community. This has been a exceptional year for Saxo, not just in Europe but internationally too. We have collaborated closely with our clients, investing in our technology to enhance their access to trading and investment opportunities. We will continue to work hard to build on our success and provide award winning services to our hedge fund clients.”
Saxo Bank Group (Saxo) is a leading Fintech specialist focused on multi-asset trading and investment and delivering ‘Banking-as-a-Service’ to wholesale clients.
For 25 years, Saxo’s mission has been to democratize investment and trading, enabling clients by facilitating their seamless access to global capital markets through technology and expertise.
As a fully licensed and regulated bank, Saxo enables its direct clients to trade multiple asset classes across global financial markets from one single margin account and across multiple devices. Additionally, Saxo provides wholesale institutional clients such as banks and brokers with multi-asset execution, prime brokerage services and trading technology, supporting the full value chain delivering Banking-as-a-Service (BaaS).
Saxo’s award winning trading platforms are available in more than 20 languages and form the technology backbone of more than 100 financial institutions worldwide.
Founded in 1992 and launching its first online trading platform in 1998, Saxo Bank was a Fintech even before the term was created. Headquartered in Copenhagen Saxo today employs more than 1500 people in financial centers around the world including London, Paris, Zurich, Dubai, Singapore, Shanghai, Hong Kong and Tokyo.