We are very proud to announce that Quantile has been named the Optimisation Service of the Year (Europe + APAC) at Global Capital’s Derivatives Awards 2023, for the fourth year in a row. The awards celebrate innovation, growth and firms who are working for the betterment of the derivatives industry.
Quantile’s optimisation service reduces counterparty risk, capital requirements and the costs associated with funding initial margin (IM) for market participants globally. The service was recognised by Global Capital as the leader in its field due to the tremendous growth and innovation it experienced in the last year. Highlights include:
Andrew Williams, CEO at Quantile, commented on the win, “To be recognised by Global Capital as the Optimisation Service of the Year for the fourth year running is a fantastic achievement. It reflects our unique ability to evolve counterparty risk optimisation in line with the market’s priorities, year after year.”
He continued, “The last year has been our most successful to date, we’ve launched new solutions, delivered record breaking runs, hired key industry talent, grown our client network and become part of LSEG. We look forward to continuing this trajectory and are grateful for the support shown from our clients in adopting our optimisation services.”
In addition to counterparty risk optimisation, Quantile also offers a market leading interest rate compression service which can compress and rebuild cleared portfolios in any currency to reduce notional and trade count.