Reuters buys risk management specialist Application Networks

Reuters has paid $41 million for Application Networks, a risk management software specialist.

Application Networks, based in London and Palo Alto, California, produces the JRisk derivatives trading platform. JRisk, used by several investment banks including JP Morgan, Societe Generale and UBS, provides trade analysis, processing and documentation for forex, credit, equity, interest rate and hybrid derivatives.

It will be rolled into Reuters' trade and risk management group, which provides trading and risk management software to traders, risk chiefs and operations managers. The JRisk software will be combined with Reuters' existing Kondor + deal capturing and pricing system.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here