The triCalculate service was awarded the ‘Best Sell-Side Analytics Product’ award at the 2018 Sell-Side Technology Awards.
The triCalculate service provides centralised, web-based independent XVA risk calculations, trade valuations and SIMM sensitivities for OTC derivatives using transparent, consistent models across a range of asset classes and business units.
The Best Sell-Side Analytics Product award win recognises triCalculate’s ability to help sell-side firms manage and interrogate large data volumes to identify trends and correlations, especially in assisting with various decision-support functions and risk management initiatives.
Victor Anderson, editor-in-chief of Waters Magazine and WatersTechnology, said: “NEX’s triCalculate offering, which emerged top in this ever-competitive category, is a flexible, centralised platform for XVA and PFE analysis. Its broad sell-side appeal is thanks to the incorporation of standard models that can be used by all sell-side participants.”
The WatersTechnology Sell-Side Technology Awards recognise the leading technologies and third-party vendors in their area of expertise and success and winners are determined by a panel of industry experts. 2018 was the most competitive year yet, with a record amount of submissions in each category. Winners were announced at a luncheon in London on 20 April 2018.