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Application Networks

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Application Networks
IndustrySoftware Development
DefunctJune 2006 (2006-06)
FateAcquired by Reuters
HeadquartersPalo Alto, California, United States
ProductsJRisk

Application Networks Inc. (AppNet) was a Palo Alto–based company, 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. 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.

References

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