TradingTech Insight Awards - Europe 2025 Nominees

Best Overall Market Data Provider

• Bloomberg  – B-PIPE
• BMLL
• Exegy
• General Index
• ICE Data Services
• Kaiko
• LSEG Data & Analytics
• New Change FX
• S&P Global Market Intelligence

Best Consolidated Market Data Feed

• Bloomberg – B-PIPE
• Exegy – Axiom
• ICE Data Services
• Iress
• Kaiko
• Options Technology
• Pico

Best Provider of Broker Market Data

• Fenics Market Data
• Options Technology
• TP ICAP
• TraditionData

Best Cloud-Based Market Data Delivery Solution

• BCC Group International
• Bloomberg – B-PIPE
• BMLL – BMLL Vantage
• DiffusionData – Diffusion
• IPC Systems – Connexus Cloud Connect
• LSEG Data & Analytics
• OnetIck
• Xignite, A QUODD Solution

Best Managed Services Solution for Market Data

• CJC – CJC Managed Services
• Exegy – Ticker Plant
• ION Group – Fidessa
• LSEG Data & Analytics

Best Low Latency Data Feed

• Exegy – Ticker Plant
• IPC Systems – Connexus Normalized Market Data
• LSEG Data & Analytics
• Moody’s – Moody’s NewsEdge Signal
• Options Technology
• Pico

Best Full-Stack Development Platform

• 3Forge
• Exegy
• Genesis Technology
• LSEG Data & Analytics
• MarketsIO
• TIBCO Software
• Velox

Best High Performance Data Feed Handler

• Exegy
• Keysight Technologies
• LSEG Data & Analytics
• NovaSparks – NovaTick
• Pico

Best Machine-Readable News Supplier

• Dow Jones – Dow Jones Newswires
• LSEG Data & Analytics
• Moody’s – Moody’s NewsEdge Feed
• Sigma Financial Trading Ltd – AIMA- AI Market Analytics

Best Price Sharing & Publishing Solution

• Chronicle Software
• Diffusion Data
• Hazelcast
• iPushPull
• MDX Technology
• Options Technology – ACTIV

Best Market Data Inventory Platform

• Calero
• TRG Screen – Optimize Spend
• VendEx Solutions – VPort Essentials platform

Best Time Stamping/Latency Measurement System

• Beeks Group
• Instrumentix – xMetrics®
• IPC Systems
• Pico
• Safran Electronics & Defense (formerly Orolia)

Best Trading Infrastructure Monitoring Platform

• Beeks Group
• Instrumentix – xMetrics®
• ITRS
• Options Technology
• Pico
• Verint Systems

Best High Performance Network Services

• Avelacom – Avelacom’s Low-Latency-as-a-Service (LLaaS) solution
• BSO
• Crosslake Fibre – Velocity
• Exegy – nxLink
• IPC Systems – Connexus Platform
• Transaction Network Services (TNS)?- TNS (bundled offering)

Best Managed Services Solution for Trading

• 4OTC
• Avelacom – Avelacom’s Low-Latency-as-a-Service (LLaaS) solution
• BME INNTECH
• BTON
• IPC Systems – Connexus Unigy
• Options Technology
• Transaction Network Services (TNS)

Best Trading Analytics Platform

• BMLL – BMLL Data Lab
• Instrumentix – xMetrics®
• Kaiko
• KX – kdb Insights Enterprise
• OneTick
• Opensee
• Pico

Best Transaction Cost Analysis (TCA) Tool

• Abel Noser Solutions, a Trading Technologies Company – TT Futures TCA / Trade Zoom
• big xyt
• eflow
• List – LookOut TCA
• OneMarketData – OneTick
• Orchestrade – Orchestrade
• Pico
• Quod Financial
• S&P Global Market Intelligence
• Tradeweb
• TS Imagine

Best Pre-Trade Risk Controls Provider

• Celoxica
• Droit
• Exegy – FrontTrade
• ION Group – XTP Risk JANUS and XTP Central Limits
• KRM22 – Limits Manager

Best FIX Engine Provider

• BME INNTECH
• Broadridge Financial Solutions – Vendors of FIX Protocol-Based Messaging Infrastructure Broadridge FIX Engine
• Chronicle Software
• Exegy – nxFramework
• Fintechee
• InfoReach
• Rapid Addition – RA FIX Engine

Best Desktop Interoperability Framework

• 3Forge
• Genesis Technology
• Here (Formerly OpenFin)
• interop.io – interop.io

Best Buy-Side EMS

• FactSet Portware
• FlexTrade Systems
• Instinet
• Linedata
• Quod Financial
• R3
• SS&C Eze
• Talos
• Trading Technologies

Best Sell-Side EMS

• BME INNTECH – MAX
• FlexTrade Systems
• Horizon Trading Solutions
• Instinet
• ION Group  – FI EMS
• Linedata
• Quod Financial
• smartTrade Technologies
• SS&C Eze
• Talos
• Trading Technologies
• TS Imagine

Best Buy-Side OMS

• Athena Investment Systems
• Charles River Development
• FlexTrade Systems
• InfoReach
• ION Group – Fidessa
• Linedata
• Quod Financial
• SS&C
• Talos
• Trading Technologies

Best Sell-Side OMS

• BME INNTECH – MAX
• Broadridge Financial Solutions –  Broadridge Order Management System
• Devexperts – Devexperts’ OMS System
• FlexTrade Systems
• Horizon Trading Solutions
• ION Group – Fidessa
• Overbond
• Quod Financial
• smartTrade Technologies – smartTrade LiquidtyFX OMS
• SS&C
• Talos
• Trading Technologies

Best Smart Order Routing Application

• BME INNTECH  – MAX
• List  – FT MBP
• Quod Financial

Best Order Routing Network Operator

• BME INNTECH – MAX
• Broadridge Financial Solutions  – NYFIX, Broadridge
• Instinet
• Interactive Brokers

Best Foreign Exchange (FX) Trading Solution

• Devexperts  – Devexperts’ DXtrade
• MUFG Investor Services – FX Overlay
• New Change FX
• SIREN FX – SIREN 20 Minute Spot FX Benchmark
• smartTrade Technologies – smartTrade LiquidtyFX OMS

Best Fixed Income Trading Solution

• Ediphy
• FlexTrade Systems
• InfoReach
• ION Group
• Orchestrade – Orchestrade
• Overbond
• TransFICC
• TS Imagine
• valantic FSA

Best Equities Trading Solution

• BME INNTECH – MAX
• BTON
• FlexTrade Systems
• ION Group – Fidessa
• Quod Financial
• Rapid Addition – RA Platform
• TS Imagine

Best Listed Derivatives Trading Solution

• Devexperts – Devexperts’ DXtrade
• Exegy – Metro
• Horizon Trading Solutions
• ION Group – XTP Execution
• Trading Technologies – TT platform

Best OTC Derivatives Trading Solution

• Finastra
• ION Group
• Nasdaq / Adenza
• Quod Financial

Best Solution for ETF Trading

• Broadridge Financial Solutions – Tbricks, Broadridge Trading Automation Platform
• Devexperts – Devexperts’ DXtrade
• Ultumus

Best Platform for Electronic Market Making

• Broadridge Financial Solutions – Tbricks, Broadridge Trading Automation Platform
• Horizon Trading Solutions
• ION Group – Fidessa

Best Matching Engine for Exchanges and Electronic Trading Venues

• Aquis Technology
• Devexperts – Devexperts’ DXmatch
• Exberry
• GMEX Group – GMEX ForumMatch
• List – FTX
• LSEG Data & Analytics – Millennium
• Nasdaq

Best Matching Engine for Cryptocurrency Trading Venues

• Aquis
• Exberry
• GMEX Group
• Sentistocks – Senti-Bot
• Yaala Labs

Most Innovative Approach to Sustainability in Trading

• Sustainable Trading
• ZERO13

Best Trade/Transaction-Reporting Solution

• eflow Global – TZTR
• Kaizen – ReportShield
• List – LookOut RegReporting module
• LSEG Post Trade – Regulatory Reporting
• N-Tier
• Orchestrade – Orchestrade
• Qomply – ReportAssure
• S&P Global Market Intelligence – Cappitech
• TRAction Fintech
• TradeHeader

Best Trade Reconstruction Solution

• Nice Actimize
• SteelEye
• Voitrax
• VoxSmart

Best Market Simulation Solution

• Devexperts – DXtrade
• Simudyne

Best Trade Surveillance Solution

• B-Next Engineering
• eflow Global
• Eventus – Validus
• Kaizen – Kaizen Surveillance Solution
• List – LookOut
• Nasdaq Smarts
• OneMarketData – OneTick
• SteelEye
• Symphony
• Verint Systems

Best eComms Surveillance Solution

• 1Global
• ACA Compliance
• eflow Global
• Kaizen – Kaizen Surveillance Solution
• NICE Actimize
• Shield
• Smarsh
• SteelEye

Best Specialist Market Data Consultancy

• CJC Ltd – CJC Commerical Management
• EOSE
• GreenBirch
• MDS at Work
• PVE Consulting

Best Specialist Trading Technology Consultancy

• Adaptive Financial Consulting
• CJC Ltd
• GreenBirch
• Novatus Global
• Recogitate
• Symantec by Broadcom