The rankings are determined by risk management software end users who select the vendors that provide the best product offering across a number of different categories, including enterprise-wide risk management, risk capital calculation, front-to-back office trading systems and pricing and analytics. Those polled were also asked to base their votes on functionality, usability, performance, return on investment and reliability.
Charles Rowland, managing director, international operations for Fiserv IPS-Sendero, said, âEnd users have become more discerning in the current competitive climate. This ranking demonstrates end user confidence in our solutions as well as our stability as a vendor. â
Fiserv IPS-Senderoâs ALM solutions have been used by financial institutions for more than 25 years, and today serve more than 900 customers globally. The company was also recently recognized as a pioneer in the credit risk space, when it was cited by Credit magazine as a 2008 technology innovation awards winner.