Nomura scoops another awards as Best Banks Platform

Nomura’s FX team does it again with another award for its NomuraLive platform, having previously won "Best Traders Platform" in 2011 & 2012. This time around Profit & Loss named the FX pricing, execution and analysis tool as its "Best Banks Platform". Up against stiff competition from the likes of Barclays, Deutsche and Citi, Nomura scooped the award for ultimately delivering the "lifeblood of the modern day salesperson or trader (or hybrid) – information – in a clear, easy-to-access format."

"Delivering a platform developed by a bank for other banks to use is very difficult” said Jeff Leal, Global Head of FX eTrading. "At the end of the day, we need to convince our peers to rely on the state-of-the-art risk-management and execution delivered via NomuraLive, other than to embark on building that themselves."

To this end, Nomura’s platform continues to differentiate itself through the quality of its execution tools and its growing suite of algorithms. Gamma trading functionality was recently added and the Benchmark algo analysis and execution suite continues to be popular with clients looking for transparent and independent benchmarking.

Profit & Loss winners are determined by the publication after an on-site demo of each of the products. Read the full article