Thomson Reuters has retained its leading position as the number one trading and risk management solution provider according to Asia Risks technology rankings for 2009.
Thomson Reuters garnered strong support for its risk management solutions across the region as financial institutions adapt, innovate and optimize operations in this fast moving financial market place. In Asia alone, over the past 12 months, Thomson Reuters has signed 26 Kondor+ Suite contracts, spanning all countries and all technologies categories, including trading, risk, asset and liability management and back office.
Thomson Reuters is delighted to have its trade and risk management software portfolio recognized by its most important stakeholder group – the banks themselves, says Andrew White, global head of risk management, Thomson Reuters. Winning the Overall Technology Vendor award for the second straight year attests to our strategy of customer driven innovation and our commitment to providing high quality local support. By working with our customers we ensure that our ongoing product investment anticipates market requirements and provides the maximum possible return on their investment.
In addition to winning the Number One Overall Technology Vendor, Thomson Reuters was ranked first in the following categories:
# 1 Risk Management Overall#1 Risk Management Dedicated Credit Risk Management# 1 Risk Management- Limit Checking# 1 Risk Management Back Office# 1 Risk Management- Collateral Management# 1 Pricing & Risk Analytics- Credit# 1 Pricing & Risk Analytics Cross-asset# 1 Pricing & Risk Analytics Rates# 1 Trading Systems- Equities# 1 Trading Systems FX
Asia Risk surveyed over 1,800 technology users across Asia and asked them 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, return on investment and reliability.
This follows an earlier announcement that Thomson Reuters made today announcing key appointments in Asia, which reflect its continued commitment to hiring leaders with proven track records in the industry, deep local market knowledge and an international outlook. In particular, Kotaro Okamura joins as Head of Japan from JP Morgan. Henry Li has joined as Head of China and will help lead companys role in the development of the fast-paced, dynamic and rapidly evolving local financial market.
D.C.