Service Provider of the Year

Quantile voted Service Provider of the Year

Quantile, a leading provider of multilateral optimisation services, has been awarded Service Provider of the Year at the FTF News Technology Innovation Awards. The awards celebrate professionals, financial technology vendors, service providers, industry bodies and regulators that have made significant strides and noteworthy achievements in operational excellence during the past year, and are of particular significance as the winners are determined by an industry vote.

Market participants recognised Quantile as Service Provider of the Year, due to the growth and innovation it has experienced in the last year. Highlights include:

• Evolving our Counterparty Risk Optimisation service to target IM and capital simultaneously, and extending the scope of Capital Optimisation to target IMM
• Delivering record-breaking Counterparty Risk Optimisation runs for FX and interest rates
• Designing and delivering solutions to optimise portfolios on-demand, without network dependencies
• Furthering our product delivery with LCH SwapAgent, becoming the first to support LCH SwapAgent FX forwards and enabling participants to sweep risk into LCH SwapAgent to benefit from standardised infrastructure, payment netting opportunities, reduced risk, and lower capital requirements
• Launching FX Smart Clearing which selectively clears FX Forwards via LCH ForexClear to reduce capital requirements and counterparty risk by 50%+
• Continuing to target multiple currencies in a single Compression run, combining the impact of four compression runs into one to deliver maximum efficiency
• Releasing weekly enhancements to the optimisation process, algorithms and client portal

We’d like to express our thanks to everyone who voted us, and to our clients and industry partners for their continued support.