RiskFirst’s business intelligence platform PFaroe has won the FS Tech (Financial Sector Technology) award for “Risk Management Software of the Year 2012”, a title that it also won in 2011.

London, 29th March 2012 RiskFirst has again been recognised as the leading provider of risk management software with PFaroe winning the “Risk Management Software of the Year” award at the prestigious FS Tech Awards held at the London Lancaster Hotel, on 28th March 2012.

The primary judging criteria of the FS Tech Awards is “the delivery of definable and significant business benefits, innovation, and originality of application.” The Risk Management Software award “recognises success in the development, implementation and running of risk management software for the financial sector.” This was a hotly-contested award category with a total of nine software providers being shortlisted including Credit Suisse Securities Europe, ITRS Group, SunGard and Wolters Kluwer Financial Services.

Fiona Page, CEO RiskFirst Analytics comments:

“This is major honour from the financial services industry and the whole team at RiskFirst is delighted that PFaroe has, once again, been recognised as a thought-leading and innovative risk management platform.”