LONDON, Feb. 14, 2025 /PRNewswire/ -- ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates, announces that two of its products took top honors at the FOW International Awards 2025. ION FX and ION LookOut won "Connectivity Provider of the Year" and "Market Surveillance Solution of the Year" respectively.The awards, hosted by Futures & Options World (FOW), recognize excellence and achievements in the derivatives industry.ION FX offers the market a unified front-to-back offering of leading-edge solutions, enabling seamless automation of workflows across execution, order management, and post-trade processing. Recognized as FOW's "Connectivity Provider of the Year", ION FX's MarketFactory connectivity offering provides clients with access to the entire market, across locations, workflows, protocols, instruments, or liquidity providers. Its flagship solution, Whisperer, is a single API connecting to over 100 FX venues, delivering ultra-low latency and comprehensive coverage of FX workflows (Spot, Forwards, NDFs, Swaps).ION LookOut – developed by LIST, an ION company – offers a multi-compliance solution for trade surveillance, record keeping, and reporting. The solution helps brokers, investment banks, asset managers, and trading venues meet regulatory requirements across different asset classes

ION Commodities, a global leader in energy and commodity management solutions, announces its strategic partnership with Avalara, a leading provider of cloud-based tax compliance automation for businesses of all sizes. As a technology partner in Avalara’s Partner Program, ION Commodities’ solutions will standardize integration with Avalara’s AvaTax for Energy tax engine solution to address the complexities of tax compliance in energy trading and logistics.Tax compliance in energy markets requires navigating complex and dynamic tax rates and rules across multiple jurisdictions. This partnership between ION and Avalara will reduce the risk of incorrect or delayed tax calculations, thus helping firms to avoid financial penalties, audit risks, and increasing operational efficiency.The forthcoming integration will offer energy companies an automated, more accurate, and scalable tax compliance solution, enabling real-time tax calculation, reducing reliance on manual processes, and minimizing errors. Customers will also benefit from streamlined operations, enhanced decision-making, and reduced administrative overhead, allowing greater focus on core trading and operational objectives.The combination of Avalara’s industry-standard expertise in compliance automation and ION Commodities’ industry-leading commodity management platforms will deliver an end-to-end solution for trading, risk, logistics, and tax management tailored to the evolving needs of the energy sector.“Tax compliance is one of the most onerous factors impacting energy and commodities enterprises, and their ability to scale and operate efficiently,” said Steve Lacoff, Vice President and General Manager at Avalara. “Our partnership with ION gives mutual customers in these sectors a greatly simplified path to compliance automation, with reduced compliance risk, and greater operational efficiency.”“Collaborating with Avalara aligns with our mission to deliver comprehensive, integrated solutions for the energy and commodities industry,” said Sunil Biswas, Chief Executive Officer at ION Corporates. “This partnership enhances our offering with advanced tax compliance capabilities, empowering our community to navigate the complexities of tax regulations with confidence.”

LONDON, Feb. 13, 2025 /PRNewswire/ -- ION Commodities, a global leader in energy and commodity management solutions, announces its strategic partnership with Avalara, a leading provider of cloud-based tax compliance automation for businesses of all sizes. As a technology partner in Avalara's Partner Program, ION Commodities' solutions will standardize integration with Avalara's AvaTax for Energy tax engine solution to address the complexities of tax compliance in energy trading and logistics.Tax compliance in energy markets requires navigating complex and dynamic tax rates and rules across multiple jurisdictions. This partnership between ION and Avalara will reduce the risk of incorrect or delayed tax calculations, thus helping firms to avoid financial penalties, audit risks, and increasing operational efficiency.The forthcoming integration will offer energy companies an automated, more accurate, and scalable tax compliance solution, enabling real-time tax calculation, reducing reliance on manual processes, and minimizing errors. Customers will also benefit from streamlined operations, enhanced decision-making, and reduced administrative overhead, allowing greater focus on core trading and operational objectives.The combination of Avalara's industry-standard expertise in compliance automation and ION Commodities' industry-leading commodity management platforms will deliver an end-to-end solution for trading, risk, logistics, and tax management tailored to the evolving needs of the energy sector."Tax compliance is one of the most onerous factors impacting energy and commodities enterprises, and their ability to scale and operate efficiently," said Steve Lacoff, Vice President and General Manager at Avalara. "Our partnership with ION gives mutual customers in these sectors a greatly simplified path to compliance automation, with reduced compliance risk, and greater operational efficiency.""Collaborating with Avalara aligns with our mission to deliver comprehensive, integrated solutions for the energy and commodities industry," said Sunil Biswas, Chief Executive Officer at ION Corporates