Algorithmics, provider of risk management systems, has been voted the Best Risk Analytics Solution Provider by Waters readers in the 2009 Waters annual financial technology rankings.
Algorithmics analytics solutions, which measure and manage market, credit, liquidity and operational risk, help financial organizations make risk-aware business decisions, maximize shareholder value, and meet regulatory requirements.
We are delighted that Algorithmics has received this recognition from Waters readers and we would like to thank everyone who voted for us, says John Macdonald, executive vice president, Algorithmics. At a time when there is a renewed focus on managing risk across the enterprise and on the interconnectedness of all risk types, this endorsement for the analytics, which underpin our enterprise risk solutions, is very welcome. Best risk analytics is part of Algorithmics heritage and with the help of our clients, weve continued to develop award-winning solutions based on these analytics for the last 20 years.
More than 1,000 readers of Waters magazine who work in investment firms voted in this years Waters Rankings. In the category of Best Risk Analytics Solution Provider, an estimated 28.5 percent of voters chose the Algorithmics solution, while the second and third place runners-up came in at 14.9 percent and 12.7 percent respectively.
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