RiskVal Advances to Top 50 in RiskTech 100 Survey 2011

Copyright:	Copyright Business Wire 2011
Source:	Business Wire, Inc.
Wordcount:	462

NEW YORK--(BUSINESS WIRE)-- RiskVal Financial Solutions, LLC, a leading financial engineering company, announced today that it had successfully placed within the top 50 firms of Chartis Research’s RiskTech 100 Rankings for 2011. RiskVal ranked No. 48 in the report and was recognized for its innovation, as well as for the superior functionality of its products. The ranking is a considerable improvement from last year, when RiskVal made the list for the first time in company history, coming in at No. 57.

The RiskTech 100, recognized as the most comprehensive study of top financial technology companies active in the risk management industry, incorporates a range of risk technology vendors from enterprise software powerhouses to smaller, specialty boutiques, and recognizes the top 100 as being among the best in their sector. The survey is available online at www.chartis-research.com.

RiskVal improved its product innovation rating by 7% from last year, highlighting its continued commitment to enhancing its offerings to the financial industry. The company’s strongest showing was in customer satisfaction, a crucial component of RiskVal’s continued success, scoring in the top-quarter percentile of the survey.

“RiskVal is pleased that we have advanced into the top 50 this year,” said Jordan Hu, founder and chief executive of RiskVal. “We are glad to see the industry is taking a more serious view on risk management control as a result of the 2008 and 2011 financial crisis.”

Underscoring RiskVal’s commitment to innovation, the company released its real-time risk service, RVRisk late last year. Since then, RVRisk’s user base has grown 200% throughout its first 12 months of service.

Users of RiskVal’s products, including RVFI Fixed Income Solution, a real-time, pre-trade analytics and monitoring platform, recognize the importance of the company’s products each day.

“RiskVal is a tremendous resource and helps me out substantially,” said Ben Hutchen, a trader at CCM Securities, LLC. “It is the cutting-edge tool in relative value analytics, and is second to none.”

According to Hu, continued product development and several strategic partnerships have positioned RiskVal for continued success well into the 2012.

RiskVal offers a variety of products covering fixed-income, foreign exchange and commodity, seamlessly integrating real-time data with high-speed analytics to provide users with the most accurate picture of market conditions.

About RiskVal

RiskVal is an award-winning, leading analytic solution for risk management, trading, pre-trade price discovery, trade capture, valuation and portfolio management of derivatives and structured products.

Since 2001, more than 50 financial institutions across both buy-side and sell-side markets have relied on RiskVal real-time analytics to enhance their trading and risk management capabilities. RiskVal has offices in New York, New Jersey and Taiwan, and has a number of top-tier partners around the world.

For more information, please visit www.riskval.com.