Quantifi, a provider of risk, analytics and trading solutions, today announced that it has had its strongest year to date. This is the fourth consecutive year of growth. Quantifi’s strong performance was driven by higher sales in Europe, North America and Asia across all product lines covering the sell-side, buy-side and corporate markets.
In 2022, clients benefited from Quantifi’s ongoing investment in technology by helping them become more efficient, generate cost savings and accelerate growth. Underlining Quantifi’s position as a leader in risk technology, it secured several major clients and successfully delivered a number of large, complex implementations. To support its expanding client base, Quantifi also increased its headcount across sales, product development and client services.
Further recognition of Quantifi’s innovation and talent are the industry accolades it received in 2022. Awards won include ‘Best AI/Machine Learning Innovation’ and ‘Vendor for System Support and Implementation of the Year’ at the Asia Risk Technology Awards; ‘Counterparty Risk Product of the Year’ at the Risk Markets Technology Awards; and Category Winner for ‘Investment/Market Risk – Commodities’ in the Chartis RiskTech® BuySide50 rankings.
Swings in market activity, changing client expectations and the growing importance of environmental, social and governance (ESG), will continue to be factors in 2023. Technology – especially cloud, APIs, microservices, programming languages (such as Python and R), data science and machine learning – is at the forefront of firms’ attempts to mitigate risk and increase automation. Quantifi is well positioned to help clients take advantage of these technology developments.
“Despite a challenging macroeconomic climate, Quantifi had a solid 2022. To navigate this complex, volatile environment, firms are looking for sophisticated risk technology that can give them a competitive edge,” comments Rohan Douglas, CEO, Quantifi. “Our growth reflects the continued execution of our long-term growth agenda and is testament to our strong management team, stable client base and exceptional staff. Last year was a milestone year for Quantifi as we marked our 20th anniversary. We are grateful for such a successful year and excited about future opportunities,” continue Rohan.