Application Networks | |
Industry: | Software Development |
Fate: | Acquired by Reuters |
Predecessors: | --> |
Successors: | --> |
Founders: | --> |
Hq Location City: | Palo Alto, California |
Areas Served: | --> |
Products: | JRisk |
Owners: | --> |
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]