FRSGlobal wins Financial-i award for most innovative regulatory reporting solution for third consecutive year

London - 17 December 2009

FRSGlobal, the only global provider of risk and regulatory reporting solutions with coverage for over 40 countries on a unified platform, today announced that it has won the Financial-i award for most innovative regulatory reporting solution for the third year running.

The awards, which are in its fourth year, span more than 60 categories in global transaction banking. The companies in the shortlist were selected solely on research conducted by Financial-i's team of journalists and independent analysts. The shortlist was then passed to an advisory panel comprising analysts, consultants and market practitioners. FRSGlobal was selected as winners in the most innovative regulatory reporting solution category based on the feedback from the panel.

Anita Hawser, Managing Editor, Financial-i commented: “Post-crisis, now more than ever before, firms are looking for business solutions that provide a much quicker return on investment and do what they actually say on the tin. In selecting winners in each category we have tried to focus on those companies we and our advisory panel believe have that little something extra that makes their solutions stand out from their competitors in terms of depth and breadth of functionality, ease of implementation and support and solutions that are not looking for a problem to solve but actually address real business needs.”

This accolade rounds off a year of industry recognition for FRSGlobal. A list of 2009 achievements includes:

• Joint first ranking in Chartis ALM and Liquidity Risk report
• One of 11 new technology providers that joined the FinTech 100 list in 2009
• Shortlisted for FSOkx Excellence Award 2009 for Excellence in Risk Management and Compliance Systems

Steve Husk, CEO of FRSGlobal said: “This accolade rounds off a very successful year for us at FRSGlobal. The past 12 months have seen both changes to current regulations and the creation of new regimes to cope with the aftershock of the financial crisis. Our team of experts around the company have been up-to-date every step of the way to ensure that our clients remain fully covered with any new developments. We look forward to another prosperous new year where we will continue to be dedicated to providing risk and regulatory solutions to create stability and renewed growth in the financial sector.”

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