SunGard has launched Front Arena Cross-Asset Risk, a solution to provide brokers and futures commission merchants (FCMs) with real-time consolidated risk, exposure and margin calculations across multiple asset classes and markets.
The company said that the new solution can eliminate the need for multiple risk systems, which lowers total cost of ownership (TCO) and helps improve operational efficiency. By delivering cross-asset portfolio margining and high-performance pre- and post-trade risk aggregated across all trading and trade processing systems, the platform will help brokers and FCMs increase competitiveness and better serve clients. Firms will also benefit from real-time risk control on client accounts and the ability to offer real-time reporting to clients, helping them deliver superior customer experience.
“In the context of ongoing complex economic conditions and regulatory change, FCMs and brokers are still reviewing their business models to increase profitability and are also looking to expand or differentiate their services,” said Christian Kromann, chief operating officer (COO), SunGard’s capital markets trading business.
“By delivering extended cross-asset risk and margining capabilities through a single platform, SunGard helps firms to increase competitiveness and to achieve more with a single platform.”
Dushyant Shahrawat, senior research director at CEB TowerGroup commented: “As trading continues to fragment, there is a strong demand for risk consolidation and mitigation, and for collateral and margining optimisation given the cost and scarcity of capital.
“Applications that enable brokers and FCMs to offer capital efficiency optimization and portfolio-wide cross-asset margining to their clients are becoming essential for firms to be competitive, remain regulatory compliant and drive higher return on equity (ROE) in the future.”
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