ION makes quantum leap in Chartis Research’s RiskTech100 Rankings 2023
LONDON – 21 November 2022: ION— the leading provider of mission-critical trading, risk management, and workflow automation software — has placed 7th in the annual Chartis Research’s RiskTech100® 2023 rankings, up from 13th place in the 2022 rankings. Moving up six places is a major achievement, and one seldom witnessed. ION also won two categories – Commodity Trading Risk Management (CTRM) solution, and Treasury platforms; and ranked in the RiskTech 100 Top 10.
Every year Chartis Research—the leading provider of research and analysis on risk technology—conducts a thorough analysis of the world’s top risk and compliance technology firms for its RiskTech100® ranking. The resulting Chartis Research’s RiskTech100® report is the most comprehensive study of its kind. The report ranks the top 100 players in risk technology in more than 80 categories, based on criteria covering functionality, core technology, strategy, customer satisfaction, market presence, and innovation.
This triumph adds to a long list of awards already won across ION this year. The list includes numerous categories of Risk.net’s Energy Risk Software Rankings, CTRM Software House of the Year awards, and Best Risk Management Product at Markets Choice Awards.
“We are honored to be recognized and pleased with our ranking increase from previous years,” says Rich Grossi, CEO of ION Corporates. “It reflects the progress of our continued investment in trading and risk management solutions to support market evolution driven by energy transition and to provide our customers with business insights to navigate volatile markets.”
He explains that ION already offers the broadest asset class coverage in trading and risk management, spanning fixed income, rates, credit, foreign exchange, and commodities (financial and physical). “At ION Corporates, we support firms of every size across all regions and markets – energy, commodity, and financial – and offer a comprehensive portfolio of best-in-class trading and risk solutions to address business needs. We continually monitor changing market conditions, regulations, macroeconomics, politics, and technology trends, and adjust our product roadmap to stay ahead of market needs,” says Grossi.
“ION’s substantially higher ranking in the RiskTech100® list is a feather in our corporate cap,” adds Francesco Margini, Chief Product Officer for Cleared Derivatives, ION Markets.“For ION Markets, it is a clear and strong tribute to our exceptional trading and risk management solutions across multiple asset classes. Our technology automates the complete trade lifecycle, helping to reduce operational risk; and delivers actionable insights in real-time, helping to manage risk proactively.”
About Chartis Research
Chartis Research is the leading provider of research and analysis on the global market for risk technology and financial technology. Each year, the entity conducts a thorough analysis of the world’s top risk and compliance technology firms across the globe for its RiskTech100® ranking. The rankings in the report reflect Chartis analysts’ expert opinions, along with research into market trends, participants, expenditure patterns, and best practices. Having provided an independent analysis of the risk technology marketplace for more than 15 years, the RiskTech100® rankings are an established industry benchmark. For more information, visit https://www.chartis-research.com/.
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- ION Treasury wins at Central Banking’s Payment Services Awards 2023
- ION Treasury named Best New Treasury Technology at Global Finance Treasury and Cash Management Awards 2023
- ION Commodities releases Allegro v22
About ION Group
ION Group provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation. For more information, visit https://iongroup.com/.