Best FX Prime Brokerage award win for NWM

Other news

View more news

22 April 2019

We are delighted to have won the Best FX Prime Brokerage award at the Profit & Loss Digital FX Awards 2019. The awards highlight banks that drive strategic and technological shifts in the FX industry, foster innovation and help their clients to stay ahead.

In the write up explaining the award Profit & Loss Magazine says, "The real strength in the NatWest Markets FXPB business is in its organisational structure, which is underpinned by the flexible bedrock of Agile Markets. The bank has gone a different direction to most of its peers in that it has not relied upon third party vendors for the infrastructure supporting its Prime Brokerage business...rather NatWest Markets took the decision some time ago to own the technology and this has allowed it to build multiple models to service different client types.”

Colin Lambert, managing editor of Profit & Loss, added, “During our feedback process for the awards we probably had more client mentions for NatWest Markets FX prime brokerage service than we did for any other service we judge. There can be no greater satisfaction for a service provider than client praise and we heard a lot of praise for NatWest Markets FXPB over the past few months. The multi-faceted model means it has the feel of a bespoke service for individual clients while being built on a single technology infrastructure. This has enabled the bank to build a tremendously balanced - and loyal - client base.“

“We are delighted to receive such overwhelmingly positive feedback on our Prime Brokerage business”, added Marcus Butt, Global Head of Prime Services and Futures. We’ve put a lot of focus on getting our service model right for our clients and getting this sort of recognition shows we’ve got a unique model that clients value. Well done to the FX Prime Brokerage team for an outstanding win.”