Best electronic services in finance: UBS
Highly commended: JPMorgan, Goldman Sachs, Deutsche Bank
UBS takes the overall award for the second consecutive year because once again it has won more awards in more asset classes than any other firm.
It won the award for the best bank in online fixed income for the first time, demonstrating quality electronic services for issuers and investors. Its KeyTrader product, which enables clients to trade based on competitive pricing on fixed income and equities, is unique.
Given the way that it has used technology to help it become one of the biggest foreign exchange houses, few will be surprised to hear that it was the clear winner as the best bank in electronic foreign exchange. What’s more, it is highly commended for its electronic services in both equities and derivatives. Even its rivals joke that UBS does the hard work in installing trading technology with clients, making it easier for them to do the same afterwards. This kind of excellence across product groups cannot be found at any other bank.
Nonetheless, while they do not necessarily offer the very best individual sites in each area, all of the highly commended banks can boast consistently high-quality platforms across the board. JPMorgan has finished combining all of its tools and sites into the MorganMarkets portal, making it a slick and flexible source of information for different types of clients.