In 2005 the Hyper Rig team, together for more than 15 years, recognized a growing need for high performance, high quality risk reporting. Hyper Rig also recognized the fact that handling very large dynamic data sets along with the inherent issues of maintaining high quality and consistent data was an equally large problem.

At the time, new technologies were emerging permitting the combination of high performance grid computing with high speed in-memory caching to process complex financial derivatives portfolios in minutes rather than many hours. These technologies and more were subsequently embraced to design the present solution and Hyper Rig was born.

By solving these complex problems the Hyper Rig team has created a unique solution that has few rivals. Even Tier One Banks have struggled to build comparable solutions with some spending hundreds of millions of dollars. Now in the process of preparing a patent applications on its many revolutionary inventions, Hyper Rig is first to market at a time when demand for its solution has increased exponentially.