FinAnalytica Ranked As the Top Innovator in 2010 by Chartis’ Risktech 100

New York & London - 29 November 2010

Fat-tailed approaches fuel FinAnalytica’s move to 47th from 81st place, the highest increase in rankings among market risk vendors

FinAnalytica, the leading provider of real world quantitative portfolio analytics for asset managers, hedge funds and multi-manager investors, announced today that it scored the No. 1 position for innovation in the Chartis Research RiskTech 2010 Rankings. Reflecting opinions of Chartis analysts, technology buyers and end-users, FinAnalytica was named the leading innovator among 351 global risk management technology vendors. The Chartis Research report also highlighted FinAnalytica as a top mover, jumping to 47th place in the 2010 rankings from 81st place in the 2009 list.

Commenting on the results, David Merrill, FinAnalytica CEO, stated, “We’re pleased to be recognized as a top innovator in risk management technology. FinAnalytica’s founding vision was on improving quantitative portfolio performance through more accurate insight into investment management processes. The Chartis rankings confirm our success in this client-driven environment as FinAnalytica continues to deliver innovative risk management solutions.”

Capping off a year of tremendous growth, this new recognition follows FinAnalytica’s recent win as Best Market Risk Solution Provider in the 2010 Waters Rankings and the three patents FinAnalytica awarded for its fat-tailed risk, optimization and valuation methodologies. FinAnalytica is earning broader acceptance of its Cognity analytics platform, which offers a great leap forward from first generation quantitative systems that face repeated criticism for their limitations, further exposed in the 2008 market crisis.

“We take great pride in this announcement,” said FinAnalytica President Boryana Racheva-Iotova. “As the Chartis innovation category is based on the combination of new product development, positioning and new business models, this success is a testament to the hard work and dedication of the entire FinAnalytica team.”

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