Open submission for the second annual Sacramento Region Innovation Awards wrapped up recently and the judging committees have begun reviewing submissions. Judges will include several winners from last year’s Innovation Awards, including last year’s winner in the software category, Riskalyze.

Riskalyze believes that everybody has a Risk Number, a measurement from 1 to 99, that indicates the amount of investment risk an individual can tolerate. Based on a Nobel Prize-winning framework, the complex algorithms and user experiences work to calculate the individual risk fingerprint of each and every investor. The patented Risk Number technology empowers investment advisors to capture a quantitative measurement of client risk tolerance, and build a portfolio to match it – with 95% mathematical confidence.

I sat down with Justin Boatman, VP of Marketing & Communications, to chat about Riskalyze, their experience participating in last year’s Sacramento Region Innovation Awards, as well as innovation in our region.