London, England, June 2005 Yolus has been highly commended in the Risk Management category at this years third annual ‘The Banker Technology Awards’, held last week at the Café Royal in London.

The judges in this years event felt that Yolus’ cross-product client reporting application, Y-MAC, which is based on YES, its award winning technology platform, was worthy of commendation following its successful implementation at a major broking firm. The implementation has helped the client meet a series of regulatory requirements and also facilitated the development of a number of value-added services that the broker can now offer, including cross-product margining.

Robert Devayya CEO of Yolus says, "We are pleased that the The Banker Technology Awards has commended Yolus on its contribution to shareholder value and customer service. Our clients are benefiting from the utility our solution offers in the areas of cross-asset margining, consolidated client reporting, risk management and regulatory reporting and we are delighted by their success".

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development