Quantifi, a specialist provider of analytics, trading and risk management solutions, today announced that it has been recognised as one of the top technology providers in the Chartis RiskTech100 rankings. This annual report assesses the leading risk technology firms in areas such as functionality, core technology, organisational strength, customer satisfaction, market presence and innovation. Quantifi has been positioned in the RiskTech100 report since 2011, and has increased its ranking position for the fourth consecutive year.
OTC market participants are under increasing pressure to control increasing regulatory costs associated with Basel lll, EMIR, Dodd-Frank and MiFID, while maintain robust systems and operations. To successfully operate within a tightened risk management environment firms need to manage the operational complexities that arise from front-to-back functions and are doing so by investing in a strategic rethink of technology architecture involving modernisation, simplification and automation. In the Chartis report, global expenditure on risk and compliance technology is estimated to be in excess of $100bn in 2016 and growing rapidly. Technology that can achieve scale, reliability and transparency will be winning factors for business models.
"The increase in our rankings is credited to Quantifi’s modern technology that continues to push the boundaries of what we can do for our clients in relation to reducing costs while improving overall profitability"
Mark Traudt, CTO, Quantifi
Quantifi’s single integrated solution delivers cross-asset trading, front-to-back operations, position management, market, credit, counterparty and liquidity risk management, margining, and regulatory reporting all on a real-time platform. As well as supporting the key regulatory and industry practices, Quantifi applies the latest technology innovations to provide new levels of usability, flexibility, and ease of integration. This translates into a dramatically lower time to market, a lower total cost of ownership and significant improvements in operational efficiency.
“The increase in our rankings is credited to Quantifi’s modern technology that continues to push the boundaries of what we can do for our clients in relation to reducing costs while improving overall profitability,” comments Mark Traudt, CTO, Quantifi. “We are seeing evidence of firms addressing issues of old technology that is no longer adequate to address regulatory, business and competitive pressures. At Quantifi, our single integrated solution is designed from the ground up using the latest, most advanced technology and design patterns to deliver consistent analytics, a single view of risk and optimal performance.” continues Mark.