New York, NY (PRWEB) August 20, 2009
Risk Val won Best Credit Risk Solution in the 2009 Waters Rankings. The seventh annual Waters Rankings is an industry-respected award where the winners are chosen by the qualified readers of Waters magazine, a financial IT publication with more than 10,000 readers.
"Due to the momentous events of the past 12 months, Waters created a new category to honor the products and services that help an investment firm monitor credit risk. The readers of Waters who work inside investment firm chose Risk Val for its powerful and comprehensive risk solutions with 18.8 percent of the votes while the runner-up only received 10.4 percent of the tallies," says Phil Albinus, editor of Waters.
"The readers of Waters clearly see Risk Val as the must-have solution when it comes to monitoring and mitigating credit risk," adds Albinus.
Each year, the readers of Waters are invited to choose the best financial IT services and solutions that help CIOs and CTOs get their job done. This year, more than 1,000 voters filled out the Waters Rankings ballots. The qualified Waters Rankings voters work inside today's leading investment firms, hedge funds and exchanges. Technology vendors and media relations firms were not allowed to vote.
The winners of the 2009 Waters Rankings will be announced in the July 2009 edition of Waters and on the Waters web site: http://www.watersonline.com. Waters also celebrated with the winners at an exclusive cocktail party and awards ceremony at Metrazur in New York's Grand Central Terminal on June 30, 2009.
Waters is the leading source for news and analysis in the financial IT arena. Since its launch in 1993, Waters magazine delivers information and insight to the chief information officers and chief technology officers who work inside leading institutional investment firms, hedge funds and exchanges. Waters covers the confluence of business and technology in market data, trading & risk management and infrastructure as well as the human issues of talent management, staff retention and compensation. Waters has more than 10,000 subscribers worldwide and presents all-day conferences, exhibits, and webinars. Each Tuesday, nearly 14,000 subscribers receive the weekly Waters News alert. For more information, please visit http://www.watersonline.com.
For any questions about Waters Rankings and how to qualify for next year, please contact Phil Albinus, editor for Waters, at phil.albinus (at) incisivemedia (dot) com.