Waters Rankings 2016: Best Market Risk Solution Provider — RiskVal Financial Solutions
Underpinning the firm’s RVFI and RVPortfolio offerings is the firm’s RiskVal Suite, an integrated trading system that offers users valuation and risk management functionality by integrating real-time data with high-speed analytics. RiskVal saw the opportunity to provide strong improvements to its products and meet the needs of an industry beset by increasing market volatility, according to its CEO, Jordan Hu. “We believe that the traditional market risk system is not sufficient to address the fast-moving market,” he says. “A true, real-time management solution is needed to stay ahead of market dynamics. This involves obtaining a reliable intra-day market data source as well as aggregating a live portfolio with a book and record system—I think RiskVal does a fairly good job in this area.”
According to the firm, its market risk product addresses that need as clients demand intra-day real-time portfolio management functionality. Hu says clients also want flexible, on-the-fly scenario risk support with the ability to customize rate, credit and volume shocks so that they can accurately project risk. The RVFI system, a multi-currency and multi-strategy trading system that integrates front-, middle-, and back-office functions into a software-as-a-service (SaaS)-delivered platform, leverages real-time valuation capabilities that enable trading desks and risk managers to monitor risk and P&L on an intra-day basis. The platform generates bucket risk, volatility surface risk and credit bucket risk views from book to individual trading strategy levels as well as calculating a portfolio’s value-at-risk, allowing risk managers to navigate and decompose risk.
Another RVFI feature that sets it apart from its competitors is its efficiency, according to Hu. The platform generates market data, which is then applied to a portfolio when risk managers specify customized risk scenarios. Finally, Hu sees the firm’s customer service as another differentiator. “We don’t believe in help desk ticketing systems—that’s a 90s solution. We train our support staff to be knowledgeable enough so that 99 percent of issues are solved on the spot,” Hu says. “We have a solid operational team to ensure the stability and reliability of our service level, all of which are important to our clients.”
The RVFI system, a multi-currency and multi-strategy trading system that integrates front-, middle-, and back-office functions into a SaaS-delivered platform, leverages real-time valuation capabilities that enable trading desks and risk managers to monitor risk and P&L on an intra-day basis.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
BST Awards 2024: Best buy-side execution venue—360T
Product: 360T
Buy-Side Technology Awards 2024: All the winners and why they won
The 39 category winners of the 2024 Buy-Side Technology Awards.
BST Awards 2024: Best buy-side performance measurement and attribution product—FactSet
Product: FactSet Performance Solutions
BST Awards 2024: Best buy-side newcomer (vendor or product)—Exegy
Product: nxFramework
BST Awards 2024: Best buy-side managed data service—S&P Global Market Intelligence
Product: iLEVEL Managed Data Services
BST Awards 2024: Best portfolio accounting platform—SS&C Advent
Product: Geneva and APX