NEW YORK, September 23, 2015 - Global Finance magazine has announced The Innovators 2015 - Foreign Exchange. This is the publication’s first annual listing of foreign exchange banks and services firms that have devised breakthrough products and enhanced services that are transforming how companies implement complex FX strategies and limit currency risk.

The Innovators 2015 - Foreign Exchange list will be published in Global Finance’s November 2015 issue, as part of the annual Foreign Exchange Supplement. The list covers a wide array of products and services: from hardware to software; FX desks to mobile apps; virtual money to structured derivatives. The report will also feature an in-depth look at how treasurers are using the tools to lower the cost of transactions and boost productivity.

“With exchange-rate volatility once again on the rise, corporate treasurers need products that provide instant information and more efficient ways to manage currency transactions and contracts,” said Joseph D. Giarraputo, publisher and editorial director of Global Finance. “In The Innovators, we identify banks and technology vendors that are filling that need.”

All selections were made by the editorial board of Global Finance. The board considered nominations and submissions, key research and the input of experts in evaluating those banks and service providers that stand out for their transformative products and solutions. The OECD’s Oslo Manual of Innovation was referenced when considering firms for inclusion. The Oslo Manual spells out four types of innovation: product innovation; process innovation; marketing innovation and organizational innovation.



AGEA Web Trader – web browser trading application with responsive design
Alfa Bank Alfa Forex Split Value Conversion – cashless currency purchase/ sale application
Attijariwafa Bank RMB Settlements/Payments – service providing renminbi quotes against African currencies
BLOM Bank Service Integration: centralized FX, capital markets, commodi- ties and securities operation
BNP Paribas Centric – corporate FX platform launch in Europe
Commercial International Bank FX Desk – trading service built around discreet customer segments
Deutsche Bank Autobahn OTC Structures – electronic platform for pricing and dealing of structured derivatives
Dukascopy Bank Dukascopy Connect and Dukascopy Payments – global payment system for mobile devices
ICAP Everything EBS - amalgamated microstructures along with advanced algorithms and integrated analytics
mBank Digital Treasury - offer and acceptance software
Saxo Bank SaxoTraderGo - HTML5-based trading system

Technology Vendors
& Infrastructure Providers



Dynamic Hedging - which can fully automate Kantox clients FX hedging strategies. They just need to set-up rules and then Dynamic Hedging technology executes the strategy

Barracuda FX

Order Hub - a network for compliance ready, electronic Order Management

City Index Mobile Trading Widget – real-time trading widget for smartphones
Coinsetter and Shift Forex Bitbroker - bitcoin liquidity and market data service for forex brokers
Digital Reasoning Synthesys - program that identifies possible manipulation of FX markets
Fortex Fortex MT4 Web Trade - HTML5-based program enabling browser access to accounts
FXCM FXCM Trading Station - Real Volume indicators for company’s flagship platform
Gold-i Gold-I Bridge – intelligent throttling tool that reduces price feed latency
Leverate BX8 - retooled version of binary options platform featuring gamification tools
Lucera Lucera Connect - software-defined network with no band- width-based restrictions
MahiFX MFX Compass – risk management package for smaller banks and brokers
OANDA OANDA API Suite – upgraded package enabling professional traders to develop their own algorithms
Portware FX Portware Enterprise – Fully customizable execution manage- ment system
Quotix Quotix Insight - software that manages market risk of retail FX brokers
R3 Analytics Risk-management Upgrade – updated and enhanced cloud- based offering for brokers
SETL Digital Ledger: blockchain-based system for FX transactions
Thomson Reuters FX Trading – single platform providing desktop access to Thomson’s entire FX suite
USForex Forex Money Transfer – app for sending money overseas via tablet or smartphone
ZuluTrade Social Media Platform – peer-to-peer network for trading binary options

***When referencing this release, please include a link to and a link to coverage of the awards at as well as the ‘About Global Finance’ paragraph below. Thank you.

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.

Its website — — offers analysis and articles that are the heritage of 28 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

For editorial information please contact:
Andrea Fiano |

To obtain rights to use Global Finance’s FX Innovators logo, please contact:
Chris Giarraputo |

The unauthorized use of Global Finance Award logos is strictly prohibited.


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