NEW YORK, Feb. 15, 2017 /PRNewswire/ -- Hanweck today announced that it was named "Best Risk Management Solution - Innovation" at the Fund Technology/Wall Street Letter 2017 Institutional Trading Awards. This was Hanweck's first year submitting an entry in this category.
"We were honored to receive the award for most innovative risk platform at this year's Fund Technology/Wall Street Letter awards," said Gerald A. Hanweck Jr., PhD, Founder and CEO of Hanweck. "Our team has focused rigorously this past year on expanding our product suite of real-time risk analytics and delivering innovative solutions to new and existing customers. This award is the result of that effort, and I am grateful for the contribution of every Hanweck team member in helping us to achieve this prestigious recognition."
The Fund Technology/Wall Street Letter Awards recognize and reward providers catering to asset managers and institutional traders that have demonstrated exceptional customer service and innovative product development over the past twelve months. Judged by an independent panel of industry experts, winners were determined based on a mixture of qualitative and quantitative performance indicators. The full list of winners of the Fund Technology/Wall Street Letter Institutional Trading Awards is available here.
Hanweck is the leading provider of real-time risk analytics on global derivatives markets focusing on the large-scale risk problems of banks, broker/dealers, hedge funds, central counterparties and exchanges -- where the number of instruments and positions number in the millions. Hanweck delivers its risk analytics as a real-time service -- usually in the form of a data feed -- thereby dramatically simplifying integration with its customers' risk architecture. Hanweck's institutional investors include NASDAQ and Argentum, a New York-based private equity firm. For more information, please visit www.hanweck.com or follow Hanweck on Twitter and LinkedIn.
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