Catena Joins Heavyweights in Asia Risk Technology 2015 Top 10 Rankings
30th September 2015 - The Asia Risk Technology Rankings 2015 placed Catena Technologies Pte Ltd in the top ten overall trading and risk management technology vendors, based on the company's TRACE™ platform. Catena took top positions in three categories: best innovative specialist vendor, implementation efficiency, and after-sales service. In the top ten rankings, Catena shared the stage with heavyweight risk software providers such as Murex, Calypso, and SunGard. The Asia Risk rankings were based on a survey of financial institutions throughout the Asia Pacific region that focus on derivatives trading and financial risk management products and services.
Over the past several years, government mandates have required sell-side and buy-side firms to report OTC transactions to central trade repositories. Catena Technologies' TRACE platform makes it easy for financial institutions and other corporations to report OTC derivative trade, valuation, and collateral information to regulators. It captures, consolidates, enriches, and transforms trade information, automatically submitting the required information to the trade repositories. TRACE also manages the end-to-end workflow and reconciliation between the trade repositories and a firm's trading systems. TRACE's analytics capabilities make use of consolidated derivatives data to support front and middle-office business functions.
Some of the TRACE features that helped Catena score in the top ten of the Asia Risk Technology Rankings include support for all regulated asset classes, client delegated reporting, trade submission status dashboards, and both on-premise or cloud-based service capabilities. These product features enable customers to quickly adapt to new regulatory requirements and proactively manage compliance concerns.
"We are honored to have been ranked as one of the region's top ten technology vendors in derivatives trading and risk management," said Aaron Hallmark, CEO of Catena. "This achievement reflects Catena's investment in the TRACE platform over the past year and TRACE's growth in sales across the region. Beyond the reduction of operational costs and risk, we have recently been seeing demand for data analytics capabilities to tackle other business challenges, such as enterprise risk, liquidity management, and collateral optimization. We look forward to working with our customers to address these needs and further expanding our position in the Asia market."
About Catena Technologies Pte Ltd
Catena Technologies Pte Ltd specializes in architecture, design, and delivery of advanced technology solutions for the financial services industry. Based in Singapore, the company has worked with customers across the world, including the U.S., U.K., Japan, Hong Kong, Australia, Singapore, and China. Catena Technologies combines in-depth knowledge of the financial markets with expertise implementing cutting-edge solutions.
For more information, contact:
Catena Technologies Pte Ltd
3 Phillip Street
#10-01 Royal Group Building
Republic of Singapore
Phone: +65 6100 0881
Fax: +65 6399 0881