Download the PDF file

New York and London, 27 July 2010 – FinAnalytica, the leading provider of real world portfolio risk solutions for asset managers, hedge funds and multi-manager funds, announced today that it has been voted Best Market Risk Solution Provider in the annual Waters Rankings, which are awarded for excellence in financial IT solutions and services. With more 1,200 votes cast, the firm was selected by Waters’ readers, FinAnalytica clients and other market participants.” 

FinAnalytica’s Cognity risk management and portfolio construction platform is the only commercial market risk solution that directly addresses the real world phenomena of fat tails, volatility clustering, skewness and correlation asymmetry. Cognity delivers unparalleled analytic insight within a predictive and transparent modelling framework. 

Commenting on the win, David Merrill, CEO, FinAnalytica, stated, “We’re extremely pleased to have won this award and to receive recognition from end-users of our product. This further validates our focus on providing the market with the most technically advanced and transparent solutions that help our clients better manage market risk.”

Boryana Racheva-Iotova, President, FinAnalytica, commented, “FinAnalytica was created to offer the most accurate quantitative approach to managing risk and producing optimal portfolios. This award, along with our expanding client base and the three patents recently granted on our fat-tailed modelling, all reflect the growth we have made in the industry.”

 About FinAnalytica

FinAnalytica is a leading provider of real world portfolio and risk management solutions for quantitative analysts and portfolio managers. FinAnalytica's Cognity software suite incorporates the latest and most transparent advances in analytics, including comprehensive treatment of real world fat-tailed and skewed asset returns. FinAnalytica clients include leading fund of funds, hedge funds and asset management firms globally. For further information, please visit www.finanalytica.com.

Press Contacts
Cognito Europe
Adam Honeysett-Watts/Charlie Morrow
+44 (0)20 7438 1100

Cognito US
Damon Leavell/Caitlin Mitchell
+1 646 395 6300
FinAnalytica@cognitomedia.com