- Quantifi Named NJTC Growth Company of the Year Finalist
- NJTC Awards recognize Quantifi as a leader in innovation
London and New York (23rd November 2009) - Quantifi a leading provider of analytics and risk management solutions to the global credit markets, announced today that it had been named a Growth Company of the Year finalist by The New Jersey Technology Council (NJTC). The awards, presented at the Annual NJTC Awards Gala, publically recognize and celebrate the achievements of New Jersey’s technology sector.
Quantifi offers credit models, pricing analytics and risk management software to financial institutions across the globe, including many of the largest and most active participants in the market. In the last year, Quantifi has helped banks, hedge funds, insurance companies and asset managers address the challenges of the global credit crisis by delivering real-time risk management, reducing operational risks, and managing the increased trade volumes generated by credit events.
Quantifi’s CTO, Mark Traudt, credits continuous product innovation and unparalleled customer support as the primary drivers behind the company’s growth. He said, "Our clients have come to rely on Quantifi’s robust analytics and risk management tools, especially in today’s rapidly changing financial markets. Our ability to provide innovative solutions is key to our success. We are delighted by our recognition in the NJTC Annual Awards.”
"We are so proud and excited to have been able to name Quantifi in the Growth Company of the Year category for 2009"
Maxine Ballen, CEO and president of the NJTC
“We are so proud and excited to have been able to name Quantifi in the Growth Company of the Year category for 2009,” said Maxine Ballen, CEO and president of the NJTC. “It goes almost without saying that this has been a difficult year for all of us in the technology community. We, at the NJTC, see the glass as more than half full and look forward to a year of growth ahead. We know that Quantifi is deserving of this recognition and are excited to watch this company as it continues to be an innovative leader in New Jersey.”
The NJTC Awards Gala, an annual event recognizing the best technology companies, has often been called the “Academy Awards” for New Jersey’s technology community. Ballen comments, “This is my favorite event of the entire year because we are able to celebrate not only New Jersey’s best and brightest technology stars but we also take a moment to recognize the wondrous innovations that have been discovered right here in our own backyard.”
For Quantifi, the NJTC’s accolade is the latest in a line of noteworthy recognitions which highlight the firm’s commitment to excellence. In 2009, Quantifi was also named in Deloitte’s Fast 500 for achieving a five year growth rate of 741%, ranked in the Chartis RiskTech100™ report of top technology companies in the risk management sector, and received a Technology Innovation Award from Credit Magazine for a Collateralized Loan Obligation (CLO) Pricing Model.
(For a complete list of 2009 Gala Award winners, visit NJTC).