Risk magazine polled thousands of banks, hedge funds, pension funds, insurance companies and corporate treasurers for this yearâs technology rankings, and received 2,437 responses.
Respondents were asked to vote for the technology vendors that provide the best product offering across a number of categories, including enterprise risk management, risk capital calculation, front-to-back office trading systems, and pricing and analytics. Participants were asked to base their votes on functionality, usability, performance, return on investment and reliability.
Pascal Xatart, CEO, Sophis said: âWe are delighted that the investment industry has acknowledged our extensive risk management capabilities with this accolade. The last couple of years have been tough on the global economy and exposed some fundamental flaws in the financial landscape. This tremendous honour is recognition of our commitment to helping our clients improve their risk management processes and trading systems, and our ability to adapt to our clientsâ needs.â