Respondents, who were asked to base their votes on
functionality, usability, performance, return on investment and
reliability, ranked Kondor+ the best front- to back-office trading
Turaz claimed the top spot in the Trading Systems category after
being ranked number two in 2010. The company also claimed top
ranking in two other categories - FX Trading Systems and Pricing
and Analytics - Inflation. Turaz took the number two spot as
Overall Technology Vendor.
Winning this award demonstrates Turaz's commitment to ensuring
we provide our customers with the best possible products and
Risk reported that Turaz's win in the
'hotly-contested' trading system section indicated that Kondor+
users were 'keeping faith' with the cross-asset trading platform
through the current period of market turbulence. Boris Lipiainen,
global head of product management and strategy at Turaz
told Risk: "Our technology is constantly evolving in
line with client requirements, and enables our customers to cope
with evolving market challenges." He said clients were increasingly
moving to a single platform for trades and credit related
information in order to gain the transparency required for Basel
III. A single platform better enables users to explain and
decompose risk parameters as well as to spot and analyse
concentrations and correlations.
The Risk ranking is the latest in a series of
awards Turaz's products have garnered during the past few years.
For example, AsiaRisk ranked Turaz the number
one risk technology provider for three consecutive years from
2008; FX Week named the company the best vendor
for dealing technology in its annual Best Banks Awards, and Chartis
Research named Turaz Best in Trading & Capital Markets in its
Risk Tech 100 awards.
Find out more about Turaz's awards at /pr-awards/awards.aspx
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