National Australia Bank HK adopts Thomson Reuters Eikon
NAB will use Eikon to improve its Hong Kong trading floor
National Australia Bank in Hong Kong has installed Thomson Reuters’ Eikon desktop across its trading floor in a move that the bank says will increase staff productivity and drive up cross-market communication.
Eikon is designed to provide real time and historical data, connect with financial markets and execute trades. The tool allows financial institutions to communicate with the 200,000 user community as well as with colleagues.
The tool is driven by search engine technology and carries data, news, charts, commentary, analytics and trade execution tools. Data visualisation techniques are used to help customers make sense of market data.
“Thomson Reuters Eikon’s intuitive design, advanced visualisation and social tools help our traders get to the data and communities they need in an instant,” said Jack Jiang, director of FX Trading, National Australia Bank. “The interface is user-friendly and logical, the data is very accessible and the calculation tools are easy to use, saving us time and resulting in trading efficiencies.”
Earlier this year, the European Central Bank signed a deal with the central banks of 18 European countries to use Eikon for trading and market data.
Founded in 1893 and based in Victoria, Australia, NAB has 12 million customers and 50,000 staff operating 1750 stores and service centres. The company has businesses in New Zealand, Asia, the UK and the US.
