Application Networks

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

Industry	Software Development
Fate	Acquired by Reuters
Defunct	June 2006
Headquarters	Palo Alto, California , United States
Products	JRisk

Application Networks Inc. was acquired by Reuters in June 2006.[3]

References

1. Risk January 2004. Incisive Financial Publishing Ltd
2. Risk magazine 2004.
3. the free library. June 2006.

• "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.
• "The Banker Buy-side Technology Award 2005".
• "GlobeOp uses Application Networks JRisk in a cloud computing environment". globenewswire. 2005.
• "Applied Thinking". Risk magazine. 2003.