| Industry | Software Development |
|---|---|
| Defunct | June 2006 |
| Fate | Acquired by Reuters |
| Headquarters | , |
| Products | JRisk |
Application Networks Inc. (AppNet) was a Palo Alto–based company,[1] provider of JRisk, a packaged financial risk management software to use on-premises or as part of cloud computing environments. Its customers included global banks.[2] Banks used JRisk for the risk management of their portfolio of securities, OTC contracts and financial derivative transactions.
Application Networks Inc. was acquired by Reuters in June 2006.[3]
References[edit]
- "Application Networks". Incisive Media.
- Gregory, Jon (2003). Credit Derivatives edited by Jon Gregory.Risk books. ISBN 9781904339120.
- "Risk Management of derivatives on Wall Street". Wall Street and Technology. 2002. Archived from the original on December 7, 2014.
- "The Banker Buy-side Technology Award 2005".
- "GlobeOp uses Application Networks JRisk in a cloud computing environment" (Press release). globenewswire. 2005.
- "Applied Thinking". Risk magazine. 2003.