Derivatives house of the year, Australia

UBS

During a year marked by widespread uncertainty about the future of the financial system, constrained balance sheets and often large losses, the task of a risk management service provider has not been an easy one. While in previous years innovative actions were often applauded, this year it is consistency and an ability to take on large chunks of risk from financially constrained organisations that have been appreciated. Despite a string of negative headlines and large losses linked to its