In a standout result for the Topaz team, the platform has won the Computational Award for Innovation in Commodities Front-Office Analytics in Chartis Research's Quantitative Analytics50 2026. This category recognises the technical depth and originality behind the analytics driving today's commodities front offices. Topaz was also named a Disruptor in the same report.
The Quantitative Analytics50 report forms part of Chartis Research's wider STORM 2026 series, which analyses the quantitative architecture, computational techniques, data infrastructure and compute strategies underpinning today's leading analytics platforms.
Judges praised Topaz's quantitative engine for its ability to calculate P&L, Greeks and Monte Carlo VaR in real time across complex derivatives. Its pricing schedule algorithm was also singled out for handling non-standard contracts without the usual bottlenecks. Beyond this, judges highlighted how Topaz challenges the black box nature of traditional trading and risk software. They pointed to its full valuation transparency, its Quantitative Developer Module for plugging models straight into production, and its ability to run parallel calculations across multiple users without conflict.
Jo Finnigan, COO of Topaz Technology, commented “We're really proud to receive this recognition from Chartis in their latest analytics report. As we're often told, we've spearheaded a whole new category of commodity risk system - the real time unified risk and valuation platform - so we're excited that Chartis has named us a disruptor and sees the same thing our clients do. And the award for Innovation in Front Office Analytics award demonstrates that we have cutting edge capability for the front office, as well as for risk teams and middle office.”
Sid Dash, Chief Researcher at Chartis, commented “Chartis’ recognition of Topaz as a Market Disruptor in the quantitative technology space reflects Topaz’s innovation in using simulation/stochastic modelling techniques to tackle complex market risk problems in the energy sector. Topaz’s offering is emerging as a powerful enabler as more sophisticated modelling and risk analysis tools become central elements of energy and commodities markets.”
More details and to access the report, here.
About Chartis Research:
Chartis Research is the leading provider of research and analysis on the global market for risk technology. Our goal is to support companies as they drive business performance through improved risk management, corporate governance and compliance. We also help clients make informed technology and business decisions by providing in-depth analysis and advice on all aspects of risk technology.
For more information visit https://www.chartis-research.com/
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
Jo Finnigan
COO – Topaz Technology
jo@topaz.technology
