Dublin, 25th May 2018 – Barracuda FX, the specialist provider of FX Order Management technology, today announced that it had been voted the ‘Best Order Management System’ in the 2018 Profit & Loss Readers Choice Awards.
Voted by the readers of Profit & Loss magazine, the award has been won by Barracuda for an unprecedented eight consecutive years, providing industry recognition of Barracuda’s leading position in FX Order management.
“We place great importance on the Profit & Loss awards, primarily because votes come from FX professionals from around the world. Winning for an eighth consecutive year is a huge honour for us, and a great acknowledgement by the industry that Barracuda is meeting the evolving needs of the market,” said Kieran Fitzpatrick, CEO.
He added, “Order management is becoming increasingly important to the FX market, as institutions adhere to the FX Global Code, and Barracuda continues to invest in new services which help our clients to manage orders in a professional, compliant and efficient manner.”
The Readers’ Choice Awards were announced at the Profit & Loss Forex Network conference in New York on Thursday 24th May, 2018.
About Barracuda FX
Barracuda is an FX specialist, singularly focused on the order management space – developing the functional capabilities, technology platform and service infrastructure to meet the needs of the demanding modern FX market.
As the market leader in FX OMS, Barracuda offers two solutions for FX Banks. Its core OMS is used by the majority of Tier 1 FX banks, whilst OMSCloud was launched in November last year, a cloud-based solution, which offers regional and national banks active in the FX market a quality, affordable and robust OMS technology solution.
Barracuda was established in 2009 by a Dublin-based team of FX technology professionals. The team initially partnered with a leading global FX bank, using domain experience earned across many hundreds of man-years to deliver a next generation order management system.
The company has grown successfully each year, with operations in Dublin, London and Skopje, adding many leading global banks as clients and winning Profit & Loss Magazine’s Best FX OMS award every year since 2011.
For more information, visit www.barracudafx.com
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