Quantifi, a provider of risk, analytics and trading solutions, today announced that it has won Best Market Risk Product at the WatersTechnology Asia Awards 2024. These awards recognise excellence in the deployment and management of financial information and technology within Asia’s capital market community. Quantifi stood out for its advanced features, robust performance, and significant impact on clients’ risk management processes.
Financial institutions are currently operating in volatile conditions driven by systemic and non-systemic risks. In a recent Quantifi survey of CROs and Head of Risk Systems at tier-2 banks, market risk emerged as a key concern. To address these challenges and seize opportunities, firms are re-examining modelling and analytic strategies. Quantifi’s market risk solution is designed to address the complex needs of financial institutions by providing comprehensive risk analytics and reporting capabilities. The scalability, speed, and accuracy of the solution has made Quantifi a preferred choice among leading financial institutions globally.
“At Quantifi we continue to develop and advance our solution, driving innovation and consistently setting high standards. We utilise cutting-edge technology to meet the growing needs of our clients and the wider industry.”
Alexei Tchernitser, Director, Product Management, Quantifi
Quantifi supports a full complement of market risk measures along with complex scenarios and stress tests. Key features include sensitivities to all market factors, comprehensive “what-if” analysis, regulatory risk measures such as SA-CCR, and tail measures such as expected shortfall, VaR and XVA. As well as supporting 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 faster time to market, lower total cost of ownership and significant improvements in operational efficiency.
“We are delighted to be recognised by WatersTechnology as the Best Market Risk Product,” comments Alexei Tchernitser, Director, Product Management. “At Quantifi we continue to develop and advance our solution, driving innovation and consistently setting high standards. We utilise cutting-edge technology to meet the growing needs of our clients and the wider industry. Our primary differentiator is our ability to unify an organisation on a single cross-asset solution for front office and risk, enabling teams across the enterprise to make timely and accurate risk management decisions,” continues Alexei.
