Saxo Bank Co-Founders Recognised for Their Contribution to Innovation in Trading Technology

HELLERUP, Denmark, July 9, 2014 /PRNewswire/ --

Saxo Bank, the leading online trading and investment specialist, today announces that Kim Fournais and Lars Seier Christensen, co-CEOs and co-founders of Saxo Bank, have been named in Institutional Investor's Tech 50 for the sixth successive year in recognition of their contribution to technological change and innovation within the financial services sector.

The accolade comes during a year in which Saxo Bank launched TradingFloor.com, a multi-asset social trading platform. The new platform enables traders around the world to share their trades with peers and transforms trading into a social experience.

The Tech 50 list is published annually by Institutional Investor, a leading international business to business publisher. The exclusive list recognises leaders who demonstrate excellence, provide inspiration and demonstrate creativity through the use of technology in the financial services industry. As the pace of technological change in financial services continues to grow, so does the prestige of being included in Institutional Investor's Tech 50.

Saxo Bank has always been a pioneer in financial technology. While Lars Seier Christensen is recognised for developing Saxo Bank into one of the key players in the trading space, Kim Fournais has always focussed on driving the bank's cutting edge initiatives across its technology services and platforms.

Following the publication of the Top Tech 50 names, Kim Fournais and Lars Seier Christensen commented in a joint statement:

"We are delighted to be recognised, once again in Institutional Investor's Tech 50, among so many talented peers who together are pushing the boundaries of how technology underpins today's financial services industry.

"Technological innovation in the financial services industry has started to gather pace as the industry recovers from the hangover of the global financial crisis. For too long, financial institutions have relied on traditional channels of client communications; now clients are leading behavioural change to which the industry is rushing to adapt. The tipping point - which the consumer industry experienced a decade ago - is now reaching the financial markets; innovation is now firmly at the gates. We recognised this shift early on and, as a result, Saxo's multi-asset trading platform is pushing the boundaries of what is technologically possible."

Kim Fournais and Lars Seier Christensen have been named in Institutional Investor's Tech 50 list in the following years: 2008, 2010, 2011, 2012, 2013 and now, 2014. The list was not compiled in 2009.

Link to the story: http://www.institutionalinvestor.com/Article/3358130/The-2014-Tech-50-Kim-Fournais-and-Lars-Seier-Christensen.html#.U7vdkvmXAa4

About Saxo Bank  

Saxo Bank is a leading online trading and investment specialist, offering private investors and institutional clients a complete set of tools for their trading and investment strategies. Its financial community portal, TradingFloor.com, is the first multi-asset social trading platform. A fully licensed and regulated European bank, Saxo Bank enables clients to trade FX, CFDs, ETFs, Stocks, Futures, Options and other derivatives on our award-winning SaxoTrader platform, accessible on PCs, tablets or smartphones through a single account and available in more than 20 languages. The platform is white-labelled by more than 100 major financial institutions worldwide. Saxo Bank also offers professional portfolio and fund management as well as traditional banking services through Saxo Privatbank. Founded in 1992, Saxo Bank is headquartered in Copenhagen and has offices in 25 countries throughout Europe, Asia, the Middle East, Latin America, Africa and Australia.