Quantifi, a provider of risk, analytics and trading solutions, today announced that it has been named Risk Management Product of the Year at the 2018 CIR Risk Management Awards. Judged by an independent panel of experts, the awards distinguish organisations and teams that have significantly added to the understanding and best practice of risk management. The awards were held in association with the Institute of Risk Management.
With the landscape in which financial institutions operate changing, a number of firms are going through a period of transition as they reassess their business models, strategies and risk framework. There is increasing demand for technology solutions that provide advanced analytics and integrated risk management at an enterprise level and offer the flexibility to adapt to new risk activities. Over the last 12 months, Quantifi have made several key enhancements that deliver higher performance, expanded product coverage, advanced data management and next generation risk analytics. These enhancements are designed to help clients optimise capital, costs and resource.
“We are delighted to be recognised for our continued investment in delivering the next generation risk solution. With technology evolving at an unprecedented pace and regulation in a state of flux, risk management has become even more important, not only for minimising risk but maximising opportunities too”
Avadhut Naik, Head of Solution, Quantifi
Quantifi’s market, credit, and liquidity risk management solution allows clients to more accurately manage and measure risk and maximise risk-adjusted returns on capital. Quantifi supports a full complement of measures, including all regulatory metrics, complex scenarios, stress testing, regulatory capital, VaR, sensitivities, XVA, and accounting. As well as supporting the key regulatory and industry practices, Quantifi applies the latest technology innovations to provide new levels of usability, flexibility, and ease of integration.
“We are delighted to be recognised for our continued investment in delivering the next generation risk solution. With technology evolving at an unprecedented pace and regulation in a state of flux, risk management has become even more important, not only for minimising risk but maximising opportunities too. This year we have seen strong demand from firms looking for a powerful, advanced risk solution that can be rapidly deployed and help improve efficiency across their entire investment strategy,” comments Avadhut Naik, Head of Solution, Quantifi.
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Since its launch in 1996, Continuity, Insurance & Risk has become essential reading for risk management, business continuity and commercial insurance purchasers. CIR‘s portfolio has expanded over time to include multi-channel campaigns, video, the Business Continuity Awards, the Risk Management Awards, Commercial Insurance Awards, roundtables and research. A market leader in the sector, the CIR brand has a strong reputation for independent, authoritative reporting and high quality analysis.
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