TradeNet awarded BID Century International GOLD Quality Era Award

13-Jul-2012 | News-Press Release

Geneva, 2012 – In continuation with its tradition of excellence, TadeNet was recently awarded the Century International GOLD Quality Era Award by the Business Initiative Directions (BID). This award recognizes TradeNet for its outstanding commitment to quality and excellence in the realm of Customer Satisfaction, Leadership, Strategic Planning and Benchmarking as established in the QC100 TQM system.


Business Initiative Directions (BID) promotes Quality Culture in about 173 countries. The International BID Quality Award is awarded on the basis of commitment to the criteria outlined in the QC100 TQM (Total Quality Management) which serves as a guideline to business leaders in the improvement of process and systems.


BID measures companies on 100 parameters of quality based on the QC100 Total Quality Management Model which can be summarized as the following principles:

- Quality driven approach

- Customer Satisfaction

- Planning and Decision-making

- Leadership, Communication Strategies

- Human Resources, Education and Training

- Benchmarking, Information and Data Analysis

- Processes, Production Systems, ISO 9000, TQM

- Business Results


TQM is an organizational approach to customer satisfaction involving customers, people and the continuous improvement of processes. It emphasizes on promoting a Quality Culture with employees, clients, suppliers and community. Key aspects of successful TQM program also include system efficiency, job satisfaction, and role in society, environment, and technological renewal. Several large corporations from around the world participate and incorporate this technology of QC100 TQM model.


A success story close to home, the Burj Khalifa, was built under the management of B.I.D. Century International Quality ERA Winner. Other organizations awarded this certification include established banks, oil corporations, engineering & technology firms, automobile companies, consulting firms, to name a few.


TradeNet is the region's undisputed No.1 provider of equity trading solution for the financial industry, delivering order management solutions used by over 45 banks and brokerage firms with 200,000+ on-line investors across Middle East and other emerging markets. The latest release of TradeNetX promises a fundamental change in the brokerage business model aimed at stimulating additional


Revenue for financial institutions and banks involved in large trading activities. TradeNetX offers an advanced equity trading system that seamlessly combines Order Management and Trade Process Management with sophisticated customer management centric tools and efficient financial management into a single package available over a variety of interfaces including dealer workstations, dedicated investor workstations and online web interface.

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