Quantifi Inc.

09/10/2024 | Press release | Distributed by Public on 09/10/2024 10:49

Quantifi Wins Two Risk.net Technology Awards for System Support and Credit Stress Testing

Quantifi Wins Two Risk.net Technology Awards for System Support and Credit Stress Testing

This is the third time Quantifi has won the award for 'Best Vendor for Systems Support and Implementation'. Quantifi was also recognised for Credit Stress Testing Product for the first time.
10 Sep, 2024

Quantifi, a provider of risk, analytics and trading solutions, today announced that it has won Best Vendor for Systems Support and Implementation and Credit Stress Testing Product of the Year at the Risk.net Technology Awards. Judged by a panel of technology users, analysts and the editors of Risk.net, the awards recognise vendors that are doing the most to help the industry meet its various challenges in ALM, credit, operational risk, and winder enterprise risk management.

Firms are seeking more from their technology, prioritising systems that are intuitive, customisable, and equipped with automated workflows. Quantifi's implementation process is tailored for success, leveraging the expertise of its client service team and a structured approach that proactively identifies and manages risks. We have a 100% track record of successful implementations, which sets us apart and underscores our commitment to working closely with our clients to deliver solutions that meet their unique needs and optimise their performance.

"Market conditions are driving significant change, and Quantifi is proud to positively impact our clients by providing solutions that enhance risk management and facilitate navigation of the complex regulatory landscape"

Rohan Douglas, CEO, Quantifi

Alongside Best Vendor for Systems Support and Implementation, Quantifi was recognised for Credit Stress Testing Product for the first time. Quantifi's Risk solution includes a robust scenario framework for stress testing product attributes and market risk factors, assessing their impact on market, credit, and liquidity risk. Its scenario analysis capabilities enable both idiosyncratic and market-wide stress testing across all risk measures through an intuitive GUI. Clients can define stress and shifts for all market observables, set stressed time periods for regulatory calculations, and combine shifts to create complex scenarios. Additionally, Quantifi supports back testing, allowing full automation of the risk engine to execute and compare projected and realised risk results.

"We are delighted to win both awards and to be consistently recognised for our commitment to technology. Winning Best Vendor for Systems Support and Implementation award for a third time is something we're extremely proud of as this has always been a core strength of ours," comments Rohan Douglas, CEO, Quantifi. "Market conditions are driving significant change, and Quantifi is proud to positively impact our clients by providing solutions that enhance risk management and facilitate navigation of the complex regulatory landscape," continues Rohan.