Quantifi, a leading provider of analytics, trading and risk management solutions for the global capital markets, today announced that 2010 was a positive year for the firm as a result of its success in new markets, innovative product launches and industry recognition.
“2010 was a busy and exciting year for Quantifi with significant new product initiatives and success in new markets,” says Rohan Douglas, CEO of Quantifi. “We witnessed significant uptake in demand for our products and added our first clients in France, Hong Kong, and Singapore. Furthermore, I was delighted to welcome BTG Pactual, WestLB, OFI Asset Management, StormHarbour Securities, Oracle Capital, Pine River Capital, and ARAM Global, among many others, to our list of clients.”
Last year Quantifi launched a new suite of solutions addressing counterparty credit risk. These solutions received immediate market pickup and industry accolades with licensing by WestLB and winning a 2010 Credit Technology Innovation award. Quantifi was the first vendor to release support for dual-curve pricing including OIS discounting – reflecting the profound changes occurring in OTC derivatives valuation. Quantifi is currently in the process of rolling out QX (Version 10.0) which has many significant enhancements designed to deal with the growing complexities of counterparty risk management and OTC derivatives valuation.
Looking ahead, ongoing changes to OTC valuation practices, central clearing, Solvency II, Basel III and other regulatory initiatives will require a significant focus on analytics and technology, which can be expensive and time consuming to implement. This is an environment where Quantifi, with its understanding of the evolving marketplace continues to provide value to its clients through services that address these challenges, allowing them to focus on market opportunities and mitigate risk.
Douglas continues, “We look forward to 2011 as a year of opportunities as well as challenges for the OTC markets. Given our commitment to innovation, I believe Quantifi is well positioned to help our clients in these evolving markets and look forward to working closely with them and supporting their success.”