Savvysoft #1 Derivatives Analytics Firm in Risk Magazine Survey for Sixth Straight Year

New York - 12 December 2009

Savvysoft once again earns more top rankings than any other derivatives analytics vendor

Savvysoft announced today the firm has won top rankings in virtually every analytics category of the prestigious Risk Magazine 2009 Customer Satisfaction Survey. This includes 4 Top 3 rankings, while no other analytics vendor had more than one Top 3 ranking.

The Risk Magazine 2009 survey was based on over 2,400 responses by top derivatives professionals from around the world. The survey has a margin of error of approximately 1%.

Savvysoft finished with top rankings in nearly every single analytics category. Savvysoft ranked #1 in Cross Asset and Risk Analytics. Savvysoft ranked #2 in Interest Rates, Structured Products, and Credit. Savvysoft ranked #4 in Commodities. When assessed across all derivatives software providers, including those with multiple products costing as much as fifty times more, Savvysoft was the only analytics vendor to finish in the top 10 overall.

“Every year the bar gets raised in the derivatives analytics field. As one of the few independent derivatives vendors around, we have a unique responsibility to not just stay current with market developments. but to excel. We seem to be thriving on the competition, which helps our clients succeed,” said Rich Tanenbaum, Savvysoft founder & CEO. “Ultimately, helping our clients is what it’s all about.”

Continued Tanenbaum, “Our results are even more impressive when you consider that we finished in a virtual tie for #1 in Interest Rates, as well, based on the margin of error of the survey. Had Risk rounded the numerical results, we would have actually come in #5 overall across all vendors in all categories.”

As the accompanying article states, “New York-based Savvysoft [is] a vendor that continues to punch far above its weight and has gained an intensely loyal following.” Tanenbaum commented “This captures the fact that we give each and every client the attention they deserve. We may not have the most customers, but we do have the most satisfied customers.”

Full results of Risk's Financial Technology Survey are available in Risk's December 2009 edition.

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