Top award for RiskFirst as Risk Management recognise PFaroe as a product that “delivers real value to organisations”. RiskFirst was also highly commended in the category ‘Risk Management Service Provider of the Year’.
RiskFirst won the award for ‘Risk Management Product of the Year’ at the Risk Management Awards on 18th November 2010, beating ten other companies who had been shortlisted. The Risk Management Awards are run by Risk Management Professional which is published on behalf of the Institute of Risk Management (IRM). The awards recognise excellence and innovation in all facets of risk management.
Risk Management say the primary criteria for judging are “the delivery of definable and significant business benefits, innovation and originality of application”. This is how the ‘Risk Management Product of the Year’ is described: “In what will be another keenly-contested category, this award will eliminate the hype that can often surround risk management products. Instead, it will focus on those that have delivered real value to organisations.”
Benjamin Reid, CEO of RiskFirst Analytics comments “Our team is thrilled to receive such a ringing endorsement from the Risk Management industry for our ground-breaking pension analytics platform PFaroe.”