Risk Magazine Ranks Savvysoft #1 in Derivatives Analytics for Third Year in a Row

New York - 15 December 2006

Savvysoft wins three #1 rankings, more than any other analytics vendor

Savvysoft announced today the company has won top rankings in virtually every analytics category of the prestigious Risk Magazine 2006 Customer Satisfaction Survey. This includes an incredible three #1 rankings in analytics, where no other firm had more than a single #1 ranking.

Savvysoft ranked #1 in Cross Asset, #1 in Interest Rates and #1 in Structured Products. Savvysoft also ranked #4 in Credit, #5 in FX, and #2 in Commodities, for top rankings in virtually every analytics category. And outside analytics, Savvysoft finished #4 in the hotly contested Market Risk category. When assessed across all derivatives software providers, including those with multiple products costing as much as fifty times more, Savvysoft still finished in the top 5, with an impressive #4 overall ranking. It is noteworthy that Savvysoft was the only analytics vendor to finish in the top 10 overall.

"As Risk magazine said, the competition this year was ferocious," said Rich Tanenbaum, Savvysoft founder & CEO. "Coming out on top again makes all the hard work this year worth it."

As the accompanying article notes, Savvysoft has had success this year extending its STARS Trading And Risk System for automated FAS 133 and IAS 39 hedge effectiveness testing. The article also talks about Savvysofts offering of STARS as an ASP without the inherent limitations on customization normally associated with an ASP. As STARS reaches critical mass in the marketplace, we expect the ASP offering to significantly accelerate its acceptance among leading hedge funds, banks, money managers, investment advisors, and insurance companies," said Tanenbaum. Full results of Risk's Financial Technology Survey are available in Risks December 2006 edition.

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