Thomson Reuters was named number one Overall Risk Technology Vendor for 2009 by the readers of Risk Magazine. Over 2,400 respondents from banks, hedge funds, pension funds, insurance companies and corporate treasuries across the world completed the Risk Technology Survey. Thomson Reuters product offerings were ranked amongst the top three positions in 24 separate categories.
This latest award for Thomson Reuters follows on the recent success of being named Best Vendor for Risk Management/Options Pricing Software by FX Week and retaining its leading position as the number one trading and risk management solution provider according to Asia Risks Technology Rankings for 2009 for two years running.
The last 18 months of market activity re-emphasized the importance of effective trade and risk management solutions in addition to transparent pricing information, says Andrew White, global head of risk management at Thomson Reuters. To be recognized by the industry as the leading solution provider for risk management is an honor and testament to our ability to react to the changing landscape and meet the global needs of our customers.
By combining industry expertise with innovative technology Thomson Reuters has made significant strides in growing its risk business, signing over 150 new customer contracts in the last 12 months. In addition, it also worked closely with the market to develop and launch TopOffice, a real-time risk, P&L and liquidity management solution that consolidates key financial information in a timely and effective manner. The company continues to innovate and provide customers with solutions that allow them to respond quickly to changing market requirements.
Respondents of the Risk survey were asked to nominate companies that provide the best products across categories such as market risk, credit risk, trading systems, analytics, and front-to-back systems based upon functionality, usability, performance, and return on investment and reliability.
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