Waters Rankings 2016: Best Broker-Dealer — UBS
The UBS Neo platform was launched in 2013 and covers equities, commodities, FX and fixed income.
![ubs-broker-dealer-watersrankings2016 ubs-broker-dealer-watersrankings2016](/sites/default/files/styles/landscape_750_463/public/import/IMG/950/351950/ubs-broker-dealer-watersrankings2016-580x358.jpeg.webp?itok=cP_TNIpD)
“The biggest trend we are seeing with the growth of client numbers, transactions and content is the demand for greater personalization of services, trading ideas and content,” he says. “As Neo gets bigger, we are aiming to keep the platform experience tailored to each individual’s requirements.”
UBS began building Neo in 2010 and officially launched the platform in 2013, looking to blend a customized trading experience across equities, commodities, FX and fixed income to develop ideas along with deep-dive research. Since then, Caramanli says the platform has evolved to include richer messaging for clients so that they can interact with other clients directly and through a single portal. The Neo team has also enriched many of the transaction services available to clients across equities and FX, rates and credit, he says.
As an example, equities transaction-cost analysis (TCA) will be coming to client Neo screens later this year in prime brokerage, and that follows the bank adding a “what-if” margin tool and richer reporting services. In FX, the broker-dealer has added an FX spot and precious metal bulk-order upload tool, while in FX options, it has added improved management of strips and forwards in addition to adding more currency pairs. On the swaps front, Neo is now able to aggregate interest-rate swap (IRS) and credit-default swap (CDS) index prices from six swap-execution facility (SEF) order books.
“The fact that Neo is a silo buster for our clients by the very nature of its architecture and design means that they can truly see everything that the investment bank has to offer behind one login,” Caramanli says. “Simplicity scales and clients appreciate the extra effort they know it takes to make things simpler for them.”
“The biggest trend we are seeing with the growth of client numbers, transactions and content is the demand for greater personalization of services, trading ideas and content. As Neo gets bigger, we are aiming to keep the platform experience tailored to each individual’s requirements.” Hishaam Caramanli, UBS Investment Bank
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Waters Rankings 2024: All the winners
WatersTechnology readers voted to determine the winners in 35 technology and data categories comprising this year’s virtual Waters Rankings.
Waters Rankings 2024: Best reference data provider—Association of National Numbering Agencies (ANNA)
Product/service: ANNA Service Bureau (ASB)
Waters Rankings 2024: Best corporate actions solution provider—SIX
Product/service: Global Corporate Actions service
Waters Rankings 2024: Best cybersecurity provider—AI Risk
Product/service: AIR-GPT platform
Waters Rankings 2024: Best transaction-cost analysis (TCA) system provider (highly commended)—S&P Global Market Intelligence
S&P Global Market Intelligence’s Transaction Cost Analysis tool is highly commended in the best transaction-cost analysis (TCA) system provider category of the 2024 Waters Rankings.
Waters Rankings 2024: Best reporting system provider—S&P Global Market Intelligence Cappitech
Product/service: Cappitech
Waters Rankings 2024: Best trading floor communication system provider—Cloud9
Cloud9 wins the best trading floor communication system provider category in the 2024 Waters Rankings.