Risk technology rankings 2011

New regulations have forced financial services firms to get to grips with counterparty credit risk and credit value adjustment, the liquidity coverage and net stable funding ratios, and electronic trading, clearing and reporting. In the face of these changes, all but the biggest banks are turning to technology vendors for help – and end-users have voted Murex top provider overall this year. By Clive Davidson

“The biggest challenge in the midst of a tempest is to get out of the tempest unscathed, and a little bit ahead,” says Maroun Edde, chief executive of Murex, overall winner of this year’s Risk technology vendor rankings.

There is no doubt banks today are in the midst of a storm. The ongoing crisis in the eurozone, with its threat of significant sovereign debt losses and counterparty credit risks, the substantial revision of financial market regulations and intense pressure on costs and margins