Best Market Risk Solution: FinAnalytica

Transparency and predictability—that is what FinAnalytica believes separates its offering from those of its competitors. After all, when it comes to risk, those are the two areas that regulators are scrutinizing when it comes to improvements.

Through its Cognity platform, clients can measure risk across a variety of asset classes and inputs, and use risk management “as a tactical and strategic asset allocation tool that truly adds to the upside potential of their portfolios,” says David Merrill, CEO of FinAnalytica, which has offices in New York; London; and Sofia, Bulgaria. Merrill also claims that FinAnalytica has recently been granted three patents that, he says, will allow the firm to further grow its risk management offering. FinAnalytica believes that its sweet spot is in bringing quantitative indicators of shifting markets to clients. As such, it will look to continue to upgrade and expand its fat-tail framework, including rolling up risk assessments that have different inputs and periodicity, addressing the needs of complex, multi-asset portfolios, and the creation of hedging overlays, says Merrill.

1 FinAnalytica (17.6%)
2 SunGard (16.2%)
3 Thomson Reuters (14.2%)