Optimisation Service of the Year

Quantile wins Optimisation Service of the Year for the fifth year running

We are very proud to announce that Quantile has been named the Optimisation Service of the Year (Europe) at the Global Capital’s Derivatives Awards 2024, for the fifth year in a row. The awards celebrate innovation, growth and firms who are working for the benefit of the derivatives industry.

Quantile’s optimisation service reduces counterparty risk, capital requirements and the costs associated with funding initial margin (IM) for market participants globally. The service was recognised by Global Capital as the leader in its field due to the growth and innovation it experienced in the last year. Highlights include:

• Designing and delivering solutions to optimise portfolios on on-demand, without network dependencies
• Extending the scope of our services
• Delivering record-breaking optimisation runs
• Extending the service to buy-side participants and clearing brokers
• Delivering several major product enhancements in response to client demand
• Releasing weekly enhancements to the optimisation process, algorithms and client portal

Andrew Williams, CEO at Quantile, commented on the win, “To be recognised by Global Capital as the Optimisation Service of the Year for the fifth year running is a fantastic achievement. It reflects our unique ability to evolve our services in line with the market’s priorities, year after year. We’re grateful for the support shown from our clients in adopting our optimisation services. We look forward to building on this trajectory as we become part of Post Trade Solutions at LSEG, where we’re coming together with Acadia and SwapAgent to streamline risk reduction and improve capital efficiency for our customers.”

In addition to counterparty risk optimisation, Quantile also offers a market leading interest rate compression service which can compress and rebuild cleared portfolios in any currency to reduce notional and trade count.