Profit & Loss readers vote Barracuda FX Best Order Management System Provider 2016 for Sixth Consecutive Year

Dublin, 8 June 2016 – Profit & Loss readers have once again chosen Barracuda FX as the Best Order Management (OMS) service provider, marking an unprecedented sixth consecutive win for the company.

The award was presented at the Profit & Loss Readers’ Choice awards, also known as the ‘FoXys’, in New York in May. A record number of votes were cast this year for the elite FX industry awards, indicating an outstanding show of support for their preferred service providers and market makers.

“We are very proud that we continue to be recognised as the best in the industry by the market participants,” says Fraser Devlin, Global Head of Sales at Barracuda FX. “Order management plays an increasingly important role in safeguarding global reputations and rebuilding customer confidence in the FX market.  Our system offers an unconflicted capability to manage a global order book, achieve operational efficiencies and manage risk as well as new revenue opportunities.”

ENDS

About Barracuda FX

Barracuda FX is the market-leading provider of OMS technology to the FX industry. Recognising that Order Management is central to their FX strategy, tier-1 and mid-tier banks, as well as other financial institutions, rely on Barracuda FX technology to efficiently manage their voice and electronic order execution. Barracuda FX is available for in-house deployment and as a managed service.

Founded in Ireland in 2009, the management team has combined experience of over 100 years of enterprise FX technology development, which enables us to deliver a world-class OMS.

For more information, visit www.barracudafx.com

About the Profit & Loss Readers’ Choice awards

More than 800 individuals across multiple time zones cast votes in 24 categories. Profit & Loss discounts all votes cast for one’s own company in order to maintain the integrity of the awards. Profit & Loss is the leading publisher and conference producer for the foreign exchange industry.

For media queries contact Martina Doherty on +44 (0) 207 6817811 or [email protected]