FinAnalytica, the provider of real world portfolio risk solutions for multi-manager funds, hedge funds and asset management firms, was recently included in Dow Jones Financial News annual list of technology firms for the 21st century as an innovative company to watch in 2010.
Accumulating the revenue figures, product announcements, client wins and geographical spread of leading technology firms, Financial News identified the top performing firms of 2009. Financial News has published its analysis on an annual basis for the past four years and can be viewed in full here. The report highlighted FinAnalyticas innovative approach to risk awareness with particular reference to its multi-currency, cross-asset system that offers returns-based and holdings-based solutions on a single platform.
With the release of Cognity Version 3.0 earlier this year, the gap between quantitative and marketing groups has been bridged, and we have responded to our customers needs with integrated and flexible reporting, says Boryana Racheva-Iotova, president, FinAnalytica. With new client wins this year and revenue and sales up by 33% and 210% respectively, 2010 will prove to be an exciting year for FinAnalytica.
D.C.