NEW YORK, Oct. 5, 2016 /PRNewswire/ -- Suite LLC, vendor of the ALib™ Financial Analytic Library for Pricing and Risk-Management of Fixed-income Cash and Derivatives Products, is pleased to be recognized as a Point Solution Vendor in Chartis Research's Buy Side Risk Management Technology Market Update 2016. The report, released last week, uses Chartis's RiskTech Quadrant® to explain the structure of the buy-side vendor landscape. Chartis uses a comprehensive methodology of in-depth independent research, and a clear scoring system, to explain which technology solutions meet an organization's needs. The report focuses specifically on risk management capabilities, excluding operational risk and financial crime, and covers the leading vendors that offer risk management solutions for the buy-side.
Suite LLC's ALib Analytic Library encapsulates real-world business logic for risk management of all rates instruments ranging from simple cash products to complex swaps, option products, CDS and related derivatives. Originally developed and battle-tested to meet the stringent demands of the sell-side, ALib's popularity among buy-side firms is growing, as integrating risk management and analytics into the value chain becomes of more strategic importance for many firms. ALib's rich domain-specific capabilities and its wide portability among disparate technical environments make it an invaluable component for firms taking a hybrid technology approach to enterprise risk management.
"We appreciate Chartis's recognition of ALib's breadth of functionality, Analytical and modeling capabilities as key drivers for the buy-side's growing reliance on the product," states Dr. Gene Schupak, Suite Partner and head of Quantitative Research.
Suite LLC was founded in 2001 and delivers financial analytics and related services to a global client base spanning the buy-side, sell-side, exchanges and other financial services organizations. Suite's headquarters are located in midtown Manhattan.
For more information, please visit http://www.suitellc.com
Chartis is the leading provider of research and analysis on the global market for risk technology and is part of Incisive Media which has market leading brands such as Risk and Waters Technology. Chartis' goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech Quadrant®, RiskTech100® and FinTech Quadrant™ are registered trademarks of Chartis Research (http://www.chartis-research.com).
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/alib-vendor-suite-llc-positioned-on-chartis-buy-side-risktech-quadrant-300339782.html
SOURCE Suite, LLC