We are proud to announce that we have been ranked as a point solution provider in the Chartis RiskTech Quadrant® for Sell-Side Risk Management Systems 2017.
In the executive summary to this new report, Chartis Research highlight how “a number of regulatory and business developments have had a profound effect on the industry, transforming the requirements sell-side firms have of their technology and how vendors are responding”.
Alveo’s inclusion in the Chartis RiskTech Quadrant® for Sell-Side Risk Management Systems 2017 as a point solution vendor acknowledges the quality of our technology solutions in helping sell-side firms address their specific data architecture, integration and distribution challenges. The report also ranks Alveo’s overall technical framework as having “best in class capabilities”, the highest ranking achievable.
Developed with input from their customers, our solutions help financial institutions improve the timeliness and quality of their market, reference and risk data, while supporting gains in operational efficiency and addressing the specific requirements of regulatory frameworks such as stress testing, FRTB, MiFID, PRIIPS and BCBS 239.
Our range of standard and maintained off-the-shelf interfaces to all major data vendors enables us to collect data at any frequency – including end-of-day – via multiple intra-day snapshots or in real-time. By utilising time-series consolidation and a library of cleansing rules, data from multiple vendors or brokers can be combined into clean, consistent and reliable valuation and risk factor inputs for market risk calculations. This capability addresses the specific challenges of risk management and new regulation, with particular focus on FRTB and its requirements on longer market data histories, proxies and use of ‘real prices’.
Mark Hepsworth, CEO, Alveo, comments: “We are pleased to be recognised as a leading point solution vendor. It is hugely gratifying to see our hard work and continued innovation in helping clients with their risk management infrastructure being recognised through inclusion in the 2017 Chartis RiskTech Quadrant.”
About Chartis Research
Chartis is the leading provider of research and analysis on the global market for risk technology and is part of Incisive Media which has market leading brands such as Risk and Waters Technology. Chartis’ goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology. Further information is available at chartis-research.com.
RiskTech Quadrant®, RiskTech100® and FinTech QuadrantTM are registered trademarks of Chartis Research (http://www.chartis-research.com).