​ION wins ‘Best FX RegTech Tool’ at Global Finance GW Platt FX Tech Awards 2024

16 January 2024

​LONDON – 16 January 2024: ION — a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting — has won ‘Best FX RegTech Tool’ in the GW Platt Foreign Exchange (FX) Tech Awards 2024. The accolade went to XTP Risk JANUS, developed by LIST – an ION Group company.

​Hosted by Global Finance, the GW Platt FX Awards celebrate technological innovation that has helped the FX industry become more agile and resilient amid disruption. The awards also recognize providers of tools to address major challenges, such as liquidity sourcing, trade execution, and fair access to market data. Introduced in 2021, the FX Tech Awards honor companies that conceive fresh ideas and execute flawlessly in designing or deploying technology to improve FX.

​Global Finance’s regional experts consider submissions and use their own research and knowledge to make shortlists in all regions and categories. They then apply a bespoke algorithm including FX transaction volume, market share, scope of global coverage, customer service, competitive pricing, and innovative technologies to choose the FX Tech Award winners.

​The January 2024 edition of Global Finance magazine includes a feature article on the awards and category winners. The citation for ION reads: “ION LIST, which took home the Best FX Regtech Tool award, provides the tools to identify risk as it happens or before it becomes a serious problem. XTP Risk JANUS is a real-time position-keeping system with alerting capabilities. It can be used pre-trade, at trade, or post-trade. A flexible portfolio hierarchy and more than 80 risk analytics allow monitoring risk in different ways in real time—by client, region, desk, market, asset, or any other measure of interest to the financial institution.”

​The winning organizations will also be honored at Global Finance’s FX Awards Ceremony, Glaziers Hall, London, UK, in February 2024.

​“Winning the ‘Best FX RegTech Tool’ category at the GW Platt FX Awards 2024 is a proud achievement,” says Mirko Marcadella, Chief Product and Marketing Officer LIST. “It attests to the added value of our complete and scalable trading, trade management, risk management, and operations solutions.”

​Marcadella adds that ION is a previous winner at the annual GW Platt FX Awards. “We won the ‘Best API Trader’ category in 2022 and ‘Best TMS Provider with FX Module’ category in 2023,” he explains.

​About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 37 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 more information, visit World’s Best Foreign Exchange Awards 2024.

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About ION Group

ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation. For more information, visit https://iongroup.com/.

About ION Markets

ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/.