Entries by Jon

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System Event Dashboard

Users are now able to visualize and investigate trends in risk events through the Event dashboard, one in a series of system dashboards available out of the box. The System Event Dashboard provides users with the ability to understand how the trend in events both in type and severity has varied across time. Providing a […]

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New Alert: Abnormal Message per Participant

If a firm has multiple clients of different sizes trading the same product, the original Abnormal Message alert may miss genuine cases. If there is a group of small clients who trade a product in much smaller lots and a group of big clients trading the same product in much larger sizes, the generic alert […]

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Tackling Challenges in Derivative Risk Management

Market conditions in derivatives trading can change in the blink of an eye. These rapid advances have meant that effective risk management paramount to a firms ability to run and make profits.

In this blog we take a look at how the industry needs to address increased market volatility, a heighted focus on liquidity risk management, implement stress testing and scenario analysis and push to real-time monitoring.

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Managing Technology Risks in Capital Markets: A Comprehensive Approach

In the fast-paced world of capital markets, technology plays a pivotal role in driving innovation, efficiency, and competitiveness. However, with great technological advancement comes the inherent challenge of managing associated risks. Capital markets firms, particularly small and mid-sized enterprises, often grapple with the complex landscape of cybersecurity threats, regulatory compliance, and the need for robust risk management strategies.

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Navigating the Cybersecurity Landscape: The Crucial Role of SOC2 in EU Regulatory Compliance

As we discussed in our recent blog, Capital Markets firms are increasingly focused on making data protection a top priority. They have recognised increased reliance on technology to drive innovation and efficiency comes hand in hand with escalating cybersecurity threats. In the European Union (EU), stringent data protection regulations like the General Data Protection Regulation […]

Managing Risk in Compliance with FCA and PRA Regulations with the Risk Cockpit

Introduction: Our client is a mid-tier broker in the UK that needed to comply with the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) regulations for risk management and reporting. They needed to capture their three-level Risk Taxonomy, which is required for regulatory reporting in the UK. Additionally, they needed to capture their board’s […]

Tier 1 Bank Leveraging the Risk Cockpit to Manage Default Fund Risk Exposure

The Challenge: A Tier 1 bank needed to effectively manage their default fund risk exposure in the context of their participation in a Central Counterparty (CCP). The bank required a tool that could help them understand the key drivers of their default fund risk, such as margin utilization of their clients, and manage associated incidents. […]