SLIB, the post-trade software vendor, and Clarus Risk, an Apex Group company focused on risk management solutions, announces the roll-out of RiskMonitor within SLIB’s RMS (Risk management Solution) platform.
The RiskMonitor platform is designed to provide improved governance and transparency on multi-asset risk exposures to enable greater efficiency within the brokerage market. This innovative solution addresses demands for a flexible, multi-asset risk engine designed to strengthen counterparty risk exposure monitoring, across asset classes and trading venues.
RiskMonitor’s API solution utilises a multi-asset Monte Carlo VaR (Value at Risk) risk engine aligned with industry central counterparty (CCP) trends towards VaR based, rather than legacy SPAN margin algorithms.
Alongside this, RiskMonitor integrates cutting edge risk solutions to provide an innovative solution to the sell-side marketplace. Growing market volatility and fragmentation has made the need for comprehensive risk management solutions ever greater, especially for sell-side market participants.
Commenting on today’s announcement, Max Hilton, Managing Director at Clarus Risk said:
“We are delighted with our collaboration and partnership with SLIB. We are excited to begin working with SLIB’s RMS platform and about the potential for addressing counterparty risk via the RiskMonitor API.”
Philippe Ruault, CEO, SLIB stated:
“We are pleased to announce the launch of our first common client with Clarus Risk. This new model enables SLIB’s RMS to enlarge its offering in both securities and listed derivatives products. »