SOURCE: FRSGlobal

FRSGlobal

September 21, 2010 08:21 ET

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

BRUSSELS, BELGIUM--(Marketwire - September 21, 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.

To receive a free Chartis vendor highlights report that contains information on the Liquidity Risk Management and ALM market register here.

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. Key to our continued success and high placing in this report is our Centre of Risk & Regulatory Excellence (CoR²E) team, who are dedicated to ensuring that all of our solutions are closely aligned to industry best practice. This gives FRSGlobal the edge in the market as we are able to use this intelligence to prioritise product enhancements and stay ahead of the curve."

FRSGlobal will be hosting a global webinar on 'Market trends in liquidity risk management and ALM' on 12th October 2010. In this webinar, Peyman Mestchian will provide an overview of the market trends for liquidity risk management and ALM solutions and will cover the following topics:

  • Market drivers
  • Market size
  • Competitive landscape

At this webinar attendees will hear how a leading bank has increased the quality of its management reports using an integrated liquidity risk management and ALM solution. The webinar will conclude with a short demonstration of the FRSGlobal RiskPro solution. For more details please click here.

About Chartis Research
Chartis Research is the leading provider of research and analysis on the global market for risk technology. Our goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis analyses the systems, products, vendors, applications and trends in the risk technology marketplace. This analysis is published in our flagship industry reports, white papers and research articles.

About FRSGlobal
FRSGlobal is the industry-recognised leader in unified global regulatory reporting and risk management solutions. These solutions, which are enriched with content including pre-defined regulatory reports and stress testing libraries, are employed daily across the globe by firms to meet increasingly complex external (regulatory) and internal (management) reporting obligations.

FRSGlobal has 21 years of industry expertise and its high level of business content is used in over 1,500 financial organisations globally. 

Contact Information

  • COMPANY CONTACTS
    FRSGlobal
    Lauren Dearmer
    PR Manager
    Tel: +44 20 7539 6525
    Email: Email Contact

    US PR CONTACT
    Michael Kane
    Tel: (978) 698-7602
    Email:michael.kane@frsglobal.com