FOW Asia Pacific Award Winner 2024
Cumulus9 wins Risk Management Solution of the Year Award
Singapore, 26 September 2024 — Cumulus9 Limited, a leading provider of risk analytics solutions for derivatives market participants, is thrilled to announce that it has been awarded Risk Management Solution of the Year at the FOW Asia Pacific Awards 2024, held in Singapore.
This prestigious accolade, presented following the Trading Singapore event, celebrates outperformance, innovation, and achievement in the Asian derivatives industry. It marks the second consecutive year that Cumulus9 has been recognised with this honour, following our win at the FOW International Awards 2023.
Cumulus9's cutting-edge platform, designed to enhance transparency, predictability, and efficiency in derivatives margin methodologies, continues to be a game-changer for the derivatives trading community. This year’s award underscores Cumulus9’s unwavering commitment to providing innovative solutions that empower market participants to navigate market risks with confidence and resilience.
“We are deeply honoured to receive this prestigious recognition for the second year in a row,” said Rafik Mrabet, who accepted the award at the ceremony. “This achievement is a testament to our team’s dedication, the trust our clients place in us, and our shared vision of transforming risk management in the derivatives industry.”
“This back-to-back win at the FOW Awards is a remarkable milestone for Cumulus9. It reaffirms our commitment to innovation and our dedication to supporting market participants managing market risk. Being recognised in the heart of the Asia Pacific region underscores the global impact of our solutions.”
The FOW Asia Pacific Awards are renowned for celebrating firms and individuals who demonstrate excellence and leadership in the derivatives industry across the APAC region. This year, FOW’s judging panel commended Cumulus9 for its significant impact, stating:
“Cumulus9 is making huge impacts wherever they go, this is an industry-heavy champion in the making.”
Cumulus9 was also proud to have sponsored FOW Trading Singapore 2024, joining leading exchanges, derivatives trading and clearing firms to foster meaningful discussions and drive innovation within the industry.
Cumulus9 extends its gratitude to FOW and the judging panel for this recognition and to its clients and partners for their continued support. For more information about Cumulus9 and our award-winning solutions, please contact us at info@cumulus9.com.