July 17, 2023 · Press Releases
Waters Rankings 2023 Names Rival Systems Best Market Risk Solutions Provider for the Second Year Running
Rival Systems, a leading provider of trading and risk management software, has been named the Best Market Risk Solutions Provider by Waters Rankings 2023 for the second year in a row. The accolade was given to Rival Systems in recognition of its enterprise risk management solution Rival Risk, further galvanizing its position as an industry leader. Waters Rankings, a unique awards program exclusively involving Waters Technology readers in the selection process, has reaffirmed Rival Systems’ exceptional platform capabilities.
Rob D’Arco, CEO of Rival Systems, remarked, “We are honored to be chosen again as this year’s Best Market Risk Solutions Provider by Waters Technology readers. This endorsement from the trading and risk management community speaks to our relentless pursuit of cutting-edge capabilities in our suite of multi-asset solutions. Our goal is to empower professional risk managers to effortlessly analyze and manage risk across the entire firm from the ease of a single platform.”
Among Rival Systems’ cloud-based suite of products is Rival Risk, an enterprise risk management platform that offers users comprehensive, 360-degree market risk analysis from a single platform. This dynamic solution was built using insights from leading trade and risk management experts and offers:
- Real-time P&L, margin and risk metrics for futures, equities, options, bonds and FX.
- Automatic calculation of options volatility, theoretical prices, greeks and synthetic underlying prices through proprietary algorithms.
- Customized risk slides with distinct price and volatility scenarios for each product category.
- On-demand Value at Risk (VaR) using Monte Carlo simulations and proprietary covariance matrix.
Established in 2015, Rival Systems has created a comprehensive trading ecosystem encompassing Rival Risk, Smart API, and their cutting-edge multi-asset trading platform, Rival One. Driven by an ultra-low latency engine, Rival One offers robust order management capabilities, pre-built order algorithms, advanced charting tools, and an auto-spreader capable of executing trades across exchanges and asset classes. Moreover, Rival Systems provides complimentary access to components of their enterprise risk management suite, Rival Risk, for all Rival One users.
With this latest recognition from Waters Rankings 2023, Rival Systems solidifies its standing as the preferred provider of market risk solutions, reinforcing its commitment to innovation and excellence within the trading and risk management industry.
About Rival Systems
Rival Systems launched in 2015 as an enterprise trading and risk management solutions ecosystem. Rival Systems offers award-winning market data feed handlers, multi-asset trading capabilities, enterprise risk management, smart API for strategy development, and top-of-the-line technology services. Rival’s proven speed and innovative, constantly evolving features empower firms to compete in today’s markets and get smarter with every trade. To learn more about Rival’s comprehensive solutions for market data, multi-asset trading, algorithmic strategy development, and enterprise risk management, please visit RivalSystems.com.