FRSGlobal

21/09/2010

FRSGlobal ranked as leader in Chartis' annual report on liquidity
risk management and ALM technology solutions

-- Recognised for most complete ALM and Liquidity solution on the market --

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Brussels, Belgium - 21st September, 2010: FRSGlobal, the industry-recognised leader in content-rich solutions for unified global regulatory reporting and risk management, has been ranked first for 'completeness of offering’ in the 2010 Liquidity Risk Management and ALM Technology Solutions report by Chartis Research.

Chartis Research is the leading provider of research and analysis on the global market for risk technology. It supports enterprises as they drive business performance through better risk management, corporate governance and compliance.

The report describes the competitive dynamics of the Liquidity Risk Management and ALM technology market and ranks global software vendors. Additionally the report looks at both the demand and supply side of the market and covers the main business and systems requirements, trends and best practices.

FRSGlobal was ranked first among the leading software vendors for is completeness of offering. Factors used for positioning vendors with regards to completeness of offering included - breadth and depth of functional coverage, advanced analytics, usability, configurability, data management and integration, case management and workflow, and "integrated" platform.

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Peyman Mestchian, Managing Partner, Chartis Research, commented: “FRSGlobal has a very strong solution for Liquidity Risk Management and ALM that supports data quality, data completeness and efficient data management. The Liquidity Risk and ALM modules are part of a comprehensive suite of risk solutions that provide the tight integration that financial institutions are looking for today.”

Steve Husk, CEO, FRSGlobal commented: “ALM and liquidity have been buzzwords since the crisis, spurring a number of vendors to respond quickly by launching their own products to take advantage of the current market need. However, as this report confirms, there is no substitute for experience.