NEW YORK, July 11, 2017 (GLOBE NEWSWIRE) -- Broadway Technology, a leading provider of high-performance fintech solutions to top sell- and buy-side firms around the world, is proud to announce it’s been named “Best FX connectivity provider of the year” by FX Week during the 14^th annual e-FX Awards to be held in New York on July 12^th. A panel of judges including the editor of FX Week, as well as four seasoned industry experts, identified Broadway as a top provider on multiple dimensions: solution value, service quality, infrastructure quality, breadth of offering, and on-boarding speed. The panel also shortlisted Broadway for “Best e-FX software provider” and “Best e-surveillance solution provider.” This marks the second consecutive year Broadway’s received honors, as it was also highly commended for “Best e-FX software provider” last year.

Hosted by FX Week, the e-FX Awards recognize excellence, innovation, and superior customer service in foreign exchange, and they are widely regarded as an important industry benchmark for quality of service, outstanding achievement, and leading providers. The 2017 judging panel considered more than 120 companies in selecting winners. “This year’s FX Week e-FX Awards received a crowded field of entries,” says Eva Szalay, Editor of FX Week and Head Judge. “As expected, the categories focused on technology providers saw booming demand.”

“It’s an honor to be recognized as a top provider by FX Week’s expert panel,” says Tyler Moeller, CEO and co-founder of Broadway Technology. “There’s increasing demand for cross-asset functionality, better (not just more) liquidity, enhanced trading efficiency, improved data management, smarter automation, finer customer segmentation, more powerful analytics, and broader surveillance. Broadway checks all these boxes. Our solutions span the full trade life cycle from end to end, integrate easily with clients’ existing infrastructures, support the full range of FI and FX asset classes, include optional full-service colocated hosting, and enable instant access to tradeable assets worldwide.”

“It’s a testament to our entire team that FX Week has identified Broadway as a leading provider two years running,” says Joshua Walsky, Broadway’s CTO and co-founder. “Our flexible technology and services afford multiple efficiencies for clients. Using Broadway for all aspects of the system (hardware, software, and services) substantially reduces total cost of ownership by accelerating deployment, streamlining administration, and enhancing quality of service. It also creates a value-compounding network effect because it brings together market makers, takers, and fragmented liquidity on a shared common platform for achieving high-performance data and systems integration. In effect, we’re providing an industry standard for universal interconnectivity.”

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About FX Week

FX Week is the industry’s leading information source for foreign exchange and money market professionals working within commercial banks, investment banks, central banks, brokerages, institutional investors, multinational corporations and vendor companies serving the banks and financial institutions. FX week is part of the Incisive Media organisation.

About Broadway Technology

Broadway Technology is a leading provider of high-performance fintech solutions and infrastructure to top global, regional and national banks; brokers; and the buy-side. Founded in 2003 by experts in enterprise software and quantitative trading, Broadway has employees worldwide with offices in New York, Austin, London, and Waterloo.

To learn more about Broadway, please visit: www.broadwaytechnology.com or contact Broadway at: info@broadwaytechnology.com.