FRSGlobal

FRSGlobal ranked joint first for 'completeness of offering in the ALM and Liquidity Marketplace' in recent Chartis market analysis report

21/05/2009

Download Press Release in PDF format (83.51 kB)

Register below to receive a Chartis Vendor Highlight Report for ALM and Liquidity risk.

London - 21^st May, 2009: FRSGlobal, the only global provider of risk and regulatory compliance solutions on a unified platform with coverage for over 30 countries, today announced that it has been ranked as joint first in 'completeness of offering in the ALM and Liquidity Marketplace' by Chartis Research in its Technology Solutions for ALM and Liquidity Risk Management Market Analysis report, released on May 18, 2009.

The report describes the competitive dynamics of the ALM and Liquidity Risk Management technology market and ranks 16 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 as one of the leading software vendors in terms of completeness of offering. Factors used for positioning vendors with regards to completeness of offering included - range of functional coverage, advanced analytics, usability, configurability, data management, scalability, performance, and "integrated" platform.

Steve Husk, CEO for FRSGlobal, commented:

"With the regulatory landscape evolving at such speed, it is essential that financial institutions have compliance solutions in place that are both comprehensive and flexible. Being named one of the leading vendors in Chartis' report further confirms the logic of providing a unified risk and regulatory platform that can be used to cost effectively manage risks and sustain compliance across the organization."