Application NetworksIndustry | Software Development |
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Defunct | June 2006 (2006-06) |
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Fate | Acquired by Reuters |
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Headquarters | , |
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Products | JRisk |
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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
- ^ Risk January 2004. Incisive Financial Publishing Ltd
- ^ [1] Risk magazine 2004.
- ^ [2] the free library. June 2006.