We are excited to announce new features that have been released during March, with a focus on enhancing users’ ability to maintain their risk framework. This builds on the click through functionality and enhanced data access that were leased last month.

Kanban functionality for Initiatives and Tasks

Over the past 6months we have seen an increase in the use of Initiatives and Tasks within the Risk Cockpit. Customers are using the initiatives register to capture risk remediation efforts, and tasks to track recurring “check list” items; we therefore worked towards providing a more efficient way to maintain the status of tasks and initiatives, with the addition of Kanban functionality to both. This new feature allows users to visualise and easily change the status of items, ensuring that their data is accurate. Users can configure the Kanban board to only show the stages that are relevant to them in that moment.

Relationship Tab Enhancements

Users are now able to see all the potential relationships that an item can have in the item type carousel, this can also be used to filter the relationships that are shown. With the new grouping functionality users can group the related items by item type or by the accountable user for those items.

Enhance Parent Item and Related Item selector

To streamline the creation of new relationships including multiple items with the same name we have enhanced the parent item and related item selector. The improved selector has information on the items code and the parent item – this allows users to ensure that they are selecting the correct item.

Dashboard Parent Item Widget RAG Status

Dashboards now support parent item widgets, allowing users to group widgets based on their parent item. This helps users to better understand both the RAG status of the child items, and the RAG status of the parent item. For example, users can add a Risk parent item widget with all the KRI’s that feed that risk. Users can specify the RAG status that a parent item widget should use, for example with the residual severity. This provides users with a visual representation of the child item RAG status that aligns with their parent item.

Minor changes/fixes

1.     Enhancements to Info Screen layout

2.     Metric Value filtering

3.     Page counts and item counts

4.     Change of minimum widget size

5.     10,000 rows in Analytical Grid Virtual views

For more details about any of these new enhancements or to request a demo please contact: niklas@krm22.com

The Futures Industry just concluded it’s 47th International meeting in Boca Raton, Florida, with over 1,000 delegates in attendance and despite global impacts of the on-going tragedy in Ukraine, we are coming away with a clear sense this industry is due for some compelling challenges and major changes ahead.  

TT/KRM22 announcement – We had the pleasure of officially announcing the first products available under the new Trading Technologies and KRM22 distribution agreement. The second quarter of 2022 will see TT launch KRM22 Limits Manager within the TT SaaS platform, giving end users new pre-trade risk functionality in a “frictionless” deployment.  The news was met with overwhelming excitement with over 5 major firms in discussion with us already about this new opportunity.  

We also announced that KRM22 Risk Manager will be available on the TT “eco-system” in Q3 – this system will revolutionize how traders manage risk.  It provides a new risk scoring system that combines P& L, Liquidity and Stress functions into one ratio that will allow traders to create alpha while running the perfect level of risk for their book.

Exchange leaders panel – As always, the Exchange Leaders panel was a real highlight, and it was a bit scary to hear no matter how prepared our major market operators are for unexpected events new actions like the suspension of nickel trading can send shockwaves around the world and throughout the markets. With current volatility surges, managing risk has become even more instrumental to maintaining market stability and it’s encouraging to know that KRM22 is positioned to help our clients navigate through these unprecedented times.

Steve Sparkes FIA Hall of Fame – Special mention goes to KRM22 non-executive board member Steve Sparkes, who joins more than 160 business leaders inducted into the FIA Futures Hall of Fame. Founded in 2005, the Futures Hall of Fame recognizes people which have provided the leadership and support necessary to keep the industry growing, and we are honored to have Steve as part of the KRM22 team.

Crypto is the Future of Futures – There was no doubt that this year at FIA Boca was the year digital assets took center stage and it looks like they will dominate this industry for years to come.  While talk of the decentralized web, new DOAs and Web 3.0 still left many of us collectively scratching our heads trying to figure out if we are supposed to know what any of that means, every major institutional presenter and regulator laid out specific plans on how these types of assets are changing the futures industry today.

I grew up in a typical Dutch family with my father, my mother and two sisters. From the beginning women out numbered men. The greatest thing my parents taught me was that as a woman you needed to be independent; independent of your ‘husband, boyfriend or partner’, and my father was just as keen on this rule as my mother. My sisters and I were lucky enough to receive a full education – school, college, university, after which we all found successful jobs and grew into independent adult women. We made our own choices, but always felt comfortable to ask for advice when it was needed.  

I admire my parents for their thinking and I’m lucky that my inspiration was so close by, but there were plenty of others who inspired me as well. Margaret Thatcher, the Iron Lady. Angela Merkel, frequently referred to as the de facto leader of the European Union and the most powerful woman in the world. Oprah Winfrey, funny and inspirational as a TV host whilst exuding professionalism and using her influence to bring attention to global issues. Martina Navratilova, a fabulous tennis player and outspoken supporter of LGBT rights. Sinead O’Connor, her version of ‘Nothing Compares 2U’ (which still makes me cry when I hear it), her shaved head, dare to be yourself attitude! Serena Williams, another great tennis player, who not only demonstrates tenacity and perseverance, but uses her profile to promote body positivity – a great example for all. And then most recently, the next generation of inspiring leaders such as Malala Yousafzai and Greta Thunberg, encouraging young people to speak up and demand a liveable world for generations to come.  

Working in HR I am passionate about equality in the workplace and to achieve this there needs to be a greater focus on women’s education in certain fields. I have worked in the IT industry for decades, where despite conversations around gender diversity in tech, women are still underrepresented. There needs to be active promotion of a digital education to females all over the world – to close the gender gap in technology and to change the image of what a programmer or engineer may look like. If we want to be diverse and equal in our workplace, we need to have woman players to choose from as well as men. Combined male/female work forces are far more productive and creative than sole male or female work forces. In my opinion it makes sense; get more female students through the TECH doors – it is a great industry to work in.  

This year’s International Women’s Day theme is “Imagine a gender equal world. A world free of bias, stereotypes, and discrimination. A world that is diverse, equitable, and inclusive”. Women’s Day is not only for women but a special day for everyone! Let’s celebrate this lovely day.