New York, December 12, 2011 -- Savvysoft announced today the firm has won top rankings in virtually every analytics category of the prestigious Risk Magazine 2011 Customer Satisfaction Survey. This includes the #1 Ranking in Interest Rates for the seventh year, and 7 Top 3 rankings out of 8 categories, while no other analytics vendor had more than 3 Top 3 rankings.
The Risk Magazine 2011 survey is based on thousands of responses by top derivatives professionals from around the world.
Savvysoft finished with top rankings in nearly every single analytics category. Savvysoft ranked #1 in Rates, #2 in Credit, Structured Products, and Inflation, and #3 in Equities, Commodities and Cross Asset. Savvysoft also finished with a #10 ranking for Trading Systems, where its STARS Risk Management system has been gaining traction in the marketplace.
“The last several years have been tough for the market, and for every market participant. Our hope is that our products have helped our clients survive both the unprecedented turbulence and the rigorous regulatory requirements that have accompanied it” said Rich Tanenbaum, Savvysoft founder & CEO. “That makes all our hard work worthwhile”
Full results of Risk's Financial Technology Survey are available in Risk's December 2011 edition.
Savvysoft is a New York City-based provider of high-caliber OTC derivatives analytics, portfolio and risk management systems, and market-implied corporate default rates. Savvysoft’s analytical products handle OTC derivatives in many markets including: equities, interest rates, FX, commodities, convertibles, electricity, energy, and credit. Savvysoft products are used by over 3000 institutions in 15 countries worldwide. The institutions include top-tier banks, dealers, brokers, money managers, energy suppliers, corporate treasurers, auditors and consultants. Savvysoft was founded by Rich Tanenbaum, the head of Derivatives Research at Bankers Trust (now Deutsche Bank). Rich was a founding member of the first OTC derivatives desk on Wall Street at Bankers Trust. Savvysoft's corporate headquarters are located at 17 State Street, 4th Floor, New York, NY 10004 U.S.A. Tel: +1 212-742-8677; Fax: +1 212-425-8677; Web: www.savvysoft.com, www.calc4web.com.
All product names referenced herein are trademarks of their respective companies.
Contact: LeeAnn Chen (212) 742-8677 leeann@savvysoft.com
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