New York, December 3, 2019 – Analytics and Data Science firm ActiveViam is proud to announce it has received the 2019 Waters American Financial Technology Award for “Best New Technology Introduced over the last 12 months – AI, Machine Learning and Analytics,” for its FRTB Accelerator solution.
The ActiveViam FRTB Accelerator is part of a suite of Accelerator products that contain all of the source code and formulas embedded in the solution to meet a particular set of regulations and/or business requirements, in this case those needed for both the SA and IMA models. It features the signature in-memory analytics ActivePivot technology, the only one on the market that scales to Tier 1 bank volumes while still maintaining real-time performance for the most complex, analytically intensive calculations.
“We are thrilled to be recognized by Waters Technology and delighted to have won the award for Best New Technology Introduced over the last 12 months,” said Allen Whipple, Co-Founder and Managing Director of ActiveViam. “We have worked hard and in partnership with our clients to not only meet their needs but anticipate them and we are truly grateful to be acknowledged for our work.”
About ActiveViam: ActiveViam was founded in 2005 and has deployed analytical solutions to help financial services firms make instantaneous business decisions and meet operational challenges. With a comprehensive offering of analytics and data science products based on in-memory technology and expert-designed user interfaces, ActiveViam’s clients achieve a unique level of precision, speed and adaptability.
ActiveViam’s software solutions are used today by global banks, hedge funds, asset managers and derivatives exchanges for their most sensitive and intensive analytics needs. With offices in Paris, London, New York, Singapore and Hong Kong, our 60+ clients in more than a dozen countries include HSBC, Société Générale, Scotiabank, Santander, Mizuho, Nomura, CME Group and Tudor Funds.