Rival Systems has secured the title of Best Market Risk Solution
Provider for the third consecutive year in the Waters Technology
rankings, underscoring its leadership in trading and risk
management software. The company's flagship product, Rival Risk,
has been recognized for its superior risk management capabilities,
providing traders and risk managers with advanced tools to assess
risk exposure across various asset classes and exchanges. This
accolade, voted on by the Waters Technology readership, reaffirms
Rival Systems' commitment to innovation and excellence, driving
continuous improvements such as the Rival One for Excel and
maintaining robust security standards through SOC 2 Type II
Compliance.
CHICAGO, July 15,
2024 /PRNewswire-PRWeb/ -- Rival Systems, a leading
provider of trading and risk management software, is proud to
announce that its flagship product, Rival Risk, has been voted the
top Market Risk Solution Provider in the Waters Technology rankings
for the third consecutive year. This prestigious award highlights
Rival Systems' commitment to excellence and innovation in the
financial technology sector.
"We are immensely proud to receive this
recognition from the very community we serve," said Rob D'Arco, CEO
of Rival Systems.
https://www.rivalsystems.com/products/risk/ has consistently
delivered advanced risk management capabilities, allowing traders
and risk managers comprehensive visibility into their risk exposure
across multiple asset classes and exchanges. The powerful platform
was built using insights from leading trade and risk management
experts and offers:
- Real-time P&L, margin and risk metrics for futures,
equities, options, bonds and FX.
- Automatic calculation of options volatility, theoretical
prices, greeks and synthetic underlying prices through proprietary
algorithms.
- Customized risk slides with distinct price and volatility
scenarios for each product category.
- On-demand Value at Risk (VaR) using Monte Carlo simulations and proprietary
covariance matrix.
"We are immensely proud to receive this recognition from the
very community we serve," said Rob D'Arco, CEO of Rival Systems.
"This award is a testament to our team's hard work and our
commitment to providing the best-in-class solutions. Winning this
award for the third year in a row reinforces our resolve to keep
innovating and improving our offerings."
Waters Rankings, a unique awards program exclusively involving
Waters Technology readers in the selection process, has reaffirmed
Rival Systems' exceptional platform capabilities. With this latest
recognition from Waters Rankings in 2024, Rival Systems solidifies
its standing as the preferred provider of market risk solutions,
reinforcing its commitment to innovation and excellence within the
trading and risk management industry.
Rival Systems is committed to ongoing enhancements that have
included launching
https://www.rivalsystems.com/products/rival-one-for-excel/, a
trading analysis plug-in through excel, and achieving
https://www.rivalsystems.com/news/archive/2024/02/rival-systems-fulfills-soc-2-type-ii-compliance/.
Additionally, Rival continues to update and advance flagship
solutions, such as Rival One and Rival Risk, to meet the evolving
needs of professional traders around the world.
About Rival Systems
Rival Systems launched in 2015 as an ecosystem of enterprise
trading and risk management solutions. Rival Systems offers
award-winning market data feed handlers, multi-asset trading
capabilities, enterprise risk management, smart API for strategy
development, and top-of-the-line technology services. Rival's
proven speed, innovation, and constantly evolving features empower
firms to compete in today's markets and get smarter with every
trade. To learn more about Rival's comprehensive solutions for
market data, multi-asset trading, algorithmic strategy development,
and enterprise risk management, please
visit https://www.rivalsystems.com/products/rival-one-for-excel/.
Media Contact
Wendy Rodgers, Gate 39 Media,
312-715-1475, wendy.rodgers@gate39media.com
, https://www.gate39media.com/
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SOURCE Rival Systems