FIA Innovator 2023


Cumulus9 won the FIA Innovator 2023 People's Choice Award

London, 4 October 2023 — Cumulus9 Limited, a leading risk analytics platform for derivatives market participants, is thrilled to announce winning the FIA Innovator 2023 People's Choice Award at the Innovators Pavilion, during the FIA's Futures and Options Expo event in Chicago, 2-3 October 2023. The Innovators Pavilion showcases startup companies providing forward-thinking solutions for the global futures, options and swaps markets.

Cumulus9 was chosen from a competitive pool of applicants to showcase its platform to attendees that include senior executives from brokerage firms, exchanges, trading firms and service providers. The Pavilion consists of startups chosen by FIA's selection committee, based on their relevance to the industry and their innovative approach to solving business problems.

Cumulus9 had the opportunity to pitch directly to Expo attendees. At the conclusion of the conference, FIA announced Cumulus9 as the winner of the People's Choice Award based on the number of votes received from Expo attendees.

“We are honoured for being selected for FIA's Innovators Pavilion and winning the People's Choice Award. This recognition reaffirms our dedication to delivering solutions that empower our clients to navigate the complexities of margin and risk management effectively.”

Giuseppe Fiocco
Giuseppe Fiocco – Founder and Managing Director

“We are proud to have won the People's Choice Award, which is a testament to the relevance and value our platform brings to the derivatives industry. Our cutting-edge innovation has the power to transform the way derivatives market participants manage risk.”

Rafik Mrabet
Rafik Mrabet – Managing Director

FIA, as the leading trade association for listed and cleared derivatives markets, has a longstanding commitment to advancing technology and innovation in trading and clearing. The Innovators Pavilion is a pivotal part of this mission, providing a platform for fintech startups to demonstrate their contributions to the industry.

Cumulus9 thanks all attendees who voted and visited its booth at the 2023 Innovators Pavilion, during FIA's Futures and Options Expo. For more information, please contact us at