Internet awards 2003: Back office takes control

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Internet awards 2003: Back office takes control

Since the dot com bust banks have been forced to come down to earth in their electronic offerings. They are focusing on super-fast pricing engines, error-free post-trade functions and good internal risk management rather than on fancy websites. Euromoney’s fourth annual awards highlight those that have done this best. Katie Astbury, Mark Brown, Julie Dalla-Costa, Julian Evans and Peter Koh.

Methodology
Best of the best

Foreign exchange
Best bank for electronic foreign exchange
Best bank for online forex research and analytics
Best bank for electronic forex options
Best bank for electronic forex prime brokerage services
Best bank for forex white labelling

Best bank for forex trading connectivity
Best bank for electronic forex post-trade services
Best bank site for money markets and deposits

Foreign exchange – non-bank awards
Best electronic interdealer forex options platform
Best multibank dealer-to-client forex trading platform
Best interdealer cash forex trading platform
Best multibank site for money markets and deposits

Equities
Best bank in electronic equities
Best for electronic equities programme trading
Best for equities direct market access
Best for equities trading connectivity
Best for algorithmic equities trading
Best for electronic equities post-trade services
Best site for convertible bonds
Best electronic equity derivatives platform
Best electronic equities prime brokerage
Best online equities research
Best for electronic warrants services
Best equity new issues platform

Derivatives
Best bank for electronic derivatives
Best platform for ETDs trading

Best electronic post-trade services for derivatives
Best electronic services for swaps



























Fixed income
Best bank in electronic fixed income
Best for cross-product analytics
Best online fixed income research
Best for electronic fixed-income analytics
Best site for credit derivatives
Best electronic services for debt issuers
Best for electronic book-building
Best fixed income prime brokerage
Best for fixed-income trading connectivity
Best for electronic post-trade services for fixed income
Best for fixed-income white labelling
Best cross-product trading platform for private clients
Best electronic services for repo
Best site for loans

Fixed income – non-bank
Best interdealer fixed-income trading network
Best multibank trading platform for government bonds
Best multi-bank trading platform for corporate bonds
Best non-bank site for credit derivatives

Corporate services
Best bank for electronic cash management
Best electronic services in trade finance


Commodities
Best electronic commodities trading platform
Best fixed income prime brokerage

Investor services
Best for electronic custody services
Best electronic trading services for securities lending
Best electronic securities lending reporting services

Best new developments
Best new development
One to watch






























Banks have finally recovered from the hangover brought about by the giddy exuberance of the dot.com


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