- FOW Asia recognises Quantifi’s Counterparty Risk Solution as best risk management product
London and New York (23rd October 2013) - Quantifi, a leading provider of analytics and risk management solutions to the global OTC markets, today announced that its counterparty risk solution has been named best risk management product in the FOW Asia Awards for 2013.
Now in its second year, the FOW Asia Awards are reviewed by a panel of judges, who recognise solution providers that have launched or made enhancements to existing products that solved a problem creatively, opened up new possibilities or changed the way participants approach the market.
“Regulators are focussed on mitigating counterparty risk as a method of reducing systemic risk”, comments William Mitting, editor and publisher of FOW. “Our judges agreed that Quantifi has developed a comprehensive platform that supports risk management underpinning several areas including central clearing commitments, Basel III calculations and hedging.”
"Quantifi has developed a comprehensive platform that supports risk management underpinning several areas including central clearing, basel lll calculations and hedging”
William Mitting, Editor, FOW
"We are delighted to have won FOW’s Asia award for best risk management product" states Rohan Douglas, CEO of Quantifi. "Quantifi recognises that industry participants need robust analytics that remain ahead of the curve. We are constantly breaking new ground, offering new solutions to our clients’ changing needs, and winning this award is a testament to this ongoing commitment.”
Quantifi Counterparty Risk is a high performance platform that enables financial institutions to proactively manage counterparty and market risk and effectively address CVA accounting requirements and evolving regulatory capital standards, including the new guidelines for securitisations.
FOW, the global derivatives magazine, is essential reading for all those involved in the global derivatives and risk management industry. Since its launch in 1982, FOW has been at the heart of the futures and options business.
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