FRSGlobal, the provider of risk reporting and regulatory reporting compliance solutions on a unified platform with coverage for over 40 countries, has placed eleventh in the annual Chartis RiskTech100TM ranking of the top 100 risk technology vendors worldwide. Chartis also cited FRSGlobal as the overall winner in the regulatory reporting category.
The Chartis RiskTech100TM is recognised globally as the most comprehensive and prestigious study of the top technology firms active in the risk management market. This years study incorporates a new scoring sub-category of momentum. This sub-category focuses specifically on the success of risk technology firms within the last 12 months, including new product releases, significant contract wins and financial performance.
FRSGlobal has seen an increased demand for its risk management and regulatory reporting solution to address the rigorous and changing demands of regulators not just to report what has already happened, but what is likely to happen going forward. An example of this type of reporting is the UKs FSA liquidity rules relating to stress testing that require the powerful analysis capabilities that are found within FRSGlobals RiskPro solution and the reporting facilities within its RegPro solution.
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