RiskFirst’s unique business intelligence platform, PFaroe, is acclaimed as “Risk Management Software of the Year” at the Financial Sector Technology Awards in London

RiskFirst has been recognised as the financial sector’s leading provider of risk management software – with PFaroe winning the “Risk Management Software of the Year” award at the prestigious Financial Sector Technology (FST) Awards, held at London’s Lancaster Hotel. PFaroe was also highly commended in the “Most Innovative Data Intelligence Product of the Year” category.

Now in their seventh year, The FST Awards recognise excellence and innovation in the field of information technology within the UK and EMEA financial services sectors. RiskFirst beat a host of providers – including SunGard, Vichara Technologies and ITRS Group Plc – to take the hotly-contested “Risk Management Software of the Year” award.

Benjamin Reid, CEO of RiskFirst Analytics, says, “The RiskFirst team are extremely pleased to have received such a prestigious award for PFaroe, reflecting our commitment and ability to improve the way the industry measures and manages funding and risk. It is a huge endorsement of our technological capabilities, and of our ability to develop, implement and run market-leading risk management software for the financial sector.”

This is the fourth award that RiskFirst has won over the past twelve months – coming on the back of success achieved at the Risk Management Professional Awards and European Pensions Awards last year.