RiskMonitor - Clarus Risk’s core financial risk solution - has been named the Best Risk Measurement Reporting Solution in the 2016 Offshore Excellence Awards, organised by Acquisition International magazine.
Clarus Risk provides financial technology solutions primarily to investment funds, family offices, trust companies and other financial institutions. The company’s core solution, RiskMonitor, has been developed to provide an independent assessment of market, liquidity and credit risk as well as an appraisal of compliance with investment risk policy. The solution was developed following the global financial crisis to address regulatory and investor demand for greater transparency and improved governance. RiskMonitor has since evolved to become a leading institutional risk solution providing first class risk management analytics.
Clarus Risk’s Managing Director Max Hilton (pictured) said: "Risk management is a highly technical area. The combination of in-house financial technology and industry experience differentiates us from many of our competitors and has enabled us to develop a customisable solution for our clients. Our solutions evolve from significant research and development and I am very proud that the team’s work has been recognised through this award."
Now in its third year, the Offshore Excellence Awards celebrate the work and achievements of companies around the world, and include the full spectrum of offshore businesses and industries. The categories reflect the large variety of companies and winners range in size from the smallest local business to large global institutions.
Awards co-ordinator Jonathan Hicks commented: "With these awards we recognise business from across the offshore industry in the professional and financial services sectors. I am exceptionally proud to turn the spotlight on our deserving winners and wish them every success in the future."