London and New York, 18th October 2016 - Quantifi, a specialist provider of risk, analytics and trading solutions, today announced that it has been awarded ‘Best New Technology Product – collateral management’ at the FOW Asia Awards.
FOW Awards are judged by a panel of industry experts drawn from across the market in a range of disciplines. The winners in the technology categories are companies that have launched new products or made enhancements to existing products that solved a problem creatively, opened up new possibilities, or changed the way participants approach the market.
"The FOW Awards for Asia are designed to recognise the very best in the regional derivatives market.The independent judging panel praised Quantifi’s product for its cross CCP approach enabling clients to optimize their choice of clearinghouse for each trade as well as the real time trade processing functionality."
William Mitting, Editor, FOW
“The FOW Awards for Asia are designed to recognise the very best in the regional derivatives market. At a time when the cost of collateral is rising and taking centre stage, efficient management has never been more important”, commented William Mitting, Editor of FOW. The independent judging panel praised Quantifi’s product for its cross CCP approach enabling clients to optimize their choice of clearinghouse for each trade as well as the real time trade processing functionality” continues William Mitting.
Quantifi’s single integrated solution delivers cross-asset trading, front-to-back operations, position management, market, credit, counterparty and liquidity management, margining, and regulatory reporting all on a real-time platform. 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. This translates into a dramatically lower time to market, a lower total cost of ownership and significant improvements in operational efficiency.
“We are delighted to win this award for Best New Technology Product – Collateral Management”, comments Roland Jordan Head of EMEA Sales, Quantifi. “Firms are being forced to clear many OTC trades through CCPs. Resulting from this, a new world order of pricing and managing counterparty risk, regulatory costs and funding risk has developed. Firms need to be able to understand the valuation and profitability of a trade as well as the cost of alternate counterparties. Quantifi offers our clients this transparency and profitability insight as we have stayed ahead of the competition by continuing to make smart investments in new technology that allows our clients to respond to the challenges and changes of the OTC derivatives markets.” continues Roland Jordan.
FOW (Futures & Options World) is the leading News and Data service for the international futures and options industry. Since its launch in 1982, FOW has been at the heart of the futures and options market, providing essential reading for all involved in global derivatives and risk management. Updated daily by a team of financial journalists, specialist correspondents and data analysts, FOW is a one stop shop for highlighting the essential news, analysis and data.
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