Topaz Technology has been selected as the winner of the “One to watch” award in the 2024 Energy Risk awards, in recognition of our new Quantitative Developer Module (QDM).
The QDM allows any quant – with no IT integration experience – to build, maintain and locally debug their own valuation models, and use these within Topaz’s standard analytical framework. This means Topaz users can use its risk analytics capabilities seamlessly across all traded instruments in their portfolio, whether they’re valued with QDM or Topaz internal models.
The key differentiator with the Topaz solution is that no development is required to integrate the custom models, which is a perennial problem with traditional quant toolkits requiring substantial IT resource to build out.
Jon Fox, CEO of Topaz Technology, commented “We think the ability to offer this valuation flexibility, and to integrate it seamlessly into our core risk management and analytics platform, is a real game changer. Quants can now focus on their interesting mathematical modelling problems, rather than getting bogged down in the problems of marshalling the data into a usable risk reporting framework. Ultimately this increases flexibility and reduces the time it takes to make new trading capabilities available”
To view the list of winners go to Energy Risk Awards 2024: The winners
To view Risk.net’s article on Topaz’s win and the QDM go to One to Watch: Topaz Technology’s Quantitative Developer Module (behind a paywall, Energy Risk subscription necessary).
About Risk.net:
The Risk.net team of analysts, journalists and producers help you connect the dots to understand the inter-relationships between risk management, risk transfer, policy, technology and innovation.
They are focused on helping you achieve the best results – either to generate new business opportunities or track emerging best practice – with their unique intelligence.
For more information visit https://www.risk.net/
About Topaz Technology:
Topaz Technology is a software company founded by expert technologists, quants and traders. We help commodity traders and risk managers manage and report on risk across the full spectrum of their trading activity in real-time. The Topaz platform is cross-commodity, fast and scalable, and has extensive analytics capability built in.
For more information visit https://topaz.technology
For further information, please contact:
Jo Finnigan
COO – Topaz Technology
jo@topaz.technology
