Quantifi a provider of risk, analytics and trading solutions, today announced that it has won Pricing and Analytics: Fixed Income, Currencies, Credit and the Counterparty Risk Product of the Year at the Risk.net Markets Technology Awards. Judged by a panel of technology users, the awards focus on traded risk technology, front-office regulation, pricing/trading technology and buy-side technology, as well as data and other specialist, back-office and innovation categories.
Recent market turmoil has reinforced the significance of robust risk management, including dealing with counterparty exposure. Continuous monitoring of and timely reporting on counterparty risk is extremely beneficial. However, the challenge for financial services firms is how to effectively mitigate, monitor and manage this risk. Reflecting industry best practices, Quantifi’s high performance solution helps global institutions proactively manage counterparty risk and address regulatory and accounting requirements.
“We’re delighted to win both awards and to be consistently recognised for our commitment to technology. Winning the Pricing and Analytics award for a third time is something we’re extremely proud of as it endorses our strength in this space.”
Rohan Douglas, CEO, Quantifi
Alongside Counterparty Risk Product of the Year, Quantifi was recognised for Pricing and Analytics: Fixed Income, Currencies, Credit for the third year running, further cementing its position as the leader in analytics. New technologies including APIs, programming languages (such as Python and R), data science and machine learning are evolving as the prominent tools in finance. Investment banks, asset managers and other financial institutions realise that these new technologies are becoming more important as risk and compliance requirements become more complex. Technology providers like Quantifi that have adapted to these technologies enable clients to significantly enhance decision-making with faster, more accurate analytics.
“We’re delighted to win both awards and to be consistently recognised for our commitment to technology. Winning the Pricing and Analytics award for a third time is something we’re extremely proud of as it endorses our strength in this space,” comments Rohan Douglas, CEO, Quantifi. “Given the economic uncertainty, firms are re-evaluating and adjusting their models and processes. Quantifi has implemented strategic technology initiatives to address regulatory compliance, risk management and operational efficiency,” continues Rohan.
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