This latest award for Thomson Reuters follows on the recent success of being named Best Vendor for Risk Management/Options Pricing Software by FX Week and retaining its leading position as the number one trading and risk management solution provider according to Asia Riskâs Technology Rankings for 2009 for two years running.
Andrew White, Global Head of Risk Management at Thomson Reuters, commented: âThe last 18 months of market activity re-emphasized the importance of effective trade and risk management solutions in addition to transparent pricing information. To be recognized by the industry as the leading solution provider for risk management is an honor and testament to our ability to react to the changing landscape and meet the global needs of our customers.â
By combining industry expertise with innovative technology Thomson Reuters has made significant strides in growing its risk business, signing over 150 new customer contracts in the last 12 months. In addition, it also worked closely with the market to develop and launch TopOffice, a real-time risk, P&L and liquidity management solution that consolidates key financial information in a timely and effective manner. The company continues to innovate and provide customers with solutions that allow them to respond quickly to changing market requirements.
âThomson Reuters unwavering focus on reliability, customer service, rich functionality, lowering the total cost of ownership, and pre-integrated solutions has proven to be the best approach in such uncertain times. This is a prestigious survey, and we are very proud of how our customers have spoken so highly of us and our products, added White.â
Respondents of the Risk survey were asked to nominate companies that provide the best products across categories such as market risk, credit risk, trading systems, analytics, and front-to-back systems based upon functionality, usability, performance, and return on investment and reliability.