Saxo Bank awarded Best White Label Solution Provider - CNBC Africa

Saxo Bank awarded Best White Label Solution Provider

Special Report

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Saxo Bank's headquarters in Copenhagen, Denmark. PHOTOS: Saxo Bank/Getty Images

The awards, given by the Global Banking and Finance Review Awards 2014, recognises innovation and inspirational changes within the global financial community.

“Our ambition is to continue to strengthen what is already a superior proposition to banks that are looking for the most cost-effective and sophisticated way to replace antiquated technology,” Matteo Cassina, head of business lines at Saxo Bank, said in a statement.

“Our clients benefit from our multi-asset class offering across the full value chain, together with state-of-art risk management and reporting functionality and reliable hosting.”

Saxo Bank is an online multi-asset trading and investment specialist that allows clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives on the SaxoTrader platform.

The bank is headquartered in Denmark and has offices in Europe, Asia, the Middle East, Latin America, Africa and Australia.

White label partnerships, according to the firm, are a key part of its strategy. In 2013, 10 banks adopted the strategy, bringing a total of 115 white label partnerships across 50 countries.

Since pioneering FX white labelling for banks and brokers in 2001, Saxo Bank continues to develop the offering, allowing the bank’s partners to offer their clients several asset classes, greater liquidity and risk management technology.

“Saxo Bank’s competitive edge as a white label provider derives from its ability to innovate faster than competitors and be a true solution provider to its clients,” Cassina added. 

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