16 Sep 2008
Thomson Reuters named Number One Overall Technology Vendor by Asia Risk
Receives 13 First Place Awards in Annual Risk Management Industry Survey
Vienna – Thomson Reuters was named “Number One Overall Technology Vendor“ in the 3rd annual Asia Risk Technology Rankings 2008 earning an impressive 13 First Place awards out of 25 categories. With wins covering market risk, limit checking, analytics, trading, data and collateral management, Thomson Reuters garnered strong support for its risk management solutions across the Asia region.
Andrew White, Global Head of Risk Management, Thomson Reuters, commented: “Thomson Reuters is proud to have its risk management software portfolio recognized by its most important stakeholder group – the banks themselves. This is the most comprehensive customer survey in Asia and its results attest to the significant investments we have made in risk systems and infrastructure in the region. We thank our customers for acknowledging Thomson Reuters.”
In addition to the overall award, Thomson Reuters was ranked first in the following categories:
#1 Pricing and Risk Analytics: Cross-asset
#1 Pricing and Risk Analytics: Commodities
#1 Pricing and Risk Analytics: Credit
#1 Pricing and Risk Analytics: Rates
#1 Pricing and Risk Analytics: FX
#1 Trading Systems: Equities (front-to-back office)
#1 Trading Systems: FX (front-to-back office)
#1 Trading Systems: Rates (front-to-back office)
# 1 Limit Checking
#1 Back Office
#1 Data Vendor
#1 Collateral Management
These recent Risk Asia honours are the latest in a string of industry awards wins for Thomson Reuters. Last month, Thomson Reuters was named Best Risk Management Provider in Waters Annual Survey and was named Number 1 Back Office Vendor – 2007 & 2008 by International Banking Systems and Best Risk Vendor/ Risk 20 Awards from Risk magazine.
Asia Risk surveyed nearly 1,200 technology users across Asia and asked them to nominate the companies that provide best products across categories such as market risk, credit risk, trading systems, analytics, and front-to-back systems based upon functionality, usability, performance, return on investment and reliability.
About Thomson Reuters Risk Management
Thomson Reuters is the largest provider of Risk Management solutions globally serving over 750 financial institutions. Thomson Reuters solutions offer sophisticated, tailored functionality at every step of the trade – from STP enabled front-to-back trading systems to enterprise wide risk management. With more than 900 risk professionals in 83 countries, financial firms benefit from the firm’s global strength. In 2008, Thomson Reuters won the highly coveted “Best Risk Management Vendor” award by WATERS magazine and received the “Best Trading System Vendor” in RISK magazines RISK20 awards. It also named Number 1 Back Office Vendor – 2006 & 2007 by International Banking Systems. For more information about Thomson Reuters Risk Management solutions go to www.reuters.com/risk
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to www.thomsonreuters.com.
Media Contacts
Yvonne Diaz
Public Relations Director
Thomson Reuters
Tel: +44 (0)20 7542.2615
Email
Nick Bone
Penrose Public Relations
Tel: +44 (0)20.7786.4878
Email