New York and London, 15th July, 2020 — Quantifi, a provider of risk, analytics and trading solutions, today announced it has been named Best Sell-Side credit risk Product at the WatersTechnology 2020 Sell-Side Technology Awards. These awards recognise market-leading technologies developed specifically for sell-side firms. Judging is carried out through an auditable methodology managed by WatersTechnology's senior journalists.
Whilst credit risk has always been of primary concern for banks, its importance became paramount during the credit crisis. More recently, the COVID-19 pandemic has again highlighted the importance of accurate valuation and robust management of credit risk. Firms who, in the past, have relied on proprietary systems are realising they are no longer adequate and are increasingly selecting technology providers, like Quantifi, that offer advantages in terms of flexibility, usability, and performance.
Quantifi has a unique depth of experience delivering tailored and sophisticated enterprise risk solutions to some of the world’s most sophisticated institutions, including leading global banks and investment managers. Unlike legacy solutions, Quantifi places heavy emphasis on architecture design and high-performance technologies to deliver accurate and consistent front-to-back analytics that clients can rely on enterprise-wide. Its open, extensible architecture, corporate flexibility and implementation capabilities makes Quantifi an ideal fit for firms looking for new and innovative ways to measure and manage risk.
Quantifi provides comprehensive support for credit and counterparty risk measures including XVA, EE, PFE, RWA, economic capital, limit management, trade profitability analytics, alternate clearing venue analysis, and regulatory reporting. All regulatory metrics can be calculated and stress testing and back-testing for credit and counterparty risk is available. Integrated reporting with interactive drill-down tools allow clients to view results at the required level of detail, including trade terms and calculation parameters.
“Winning the Best Sell-Side Credit Risk Product from WatersTechnology confirms our market-leading position as a risk technology provider to the banking industry,” comments Rohan Douglas, CEO, Quantifi. “At Quantifi, we have a strong track record of delivering large scale projects on time and within budget. These implementations are aided by our modern and flexible architecture which allows us to easily respond to changing client and market demands. One of our key differentiators is our innovation in technology and we will continue investing in next-generation approaches to help clients manage enterprise risk and enhance operational efficiencies.” continues Rohan.