In-house system of the year GOLDMAN SACHS

Risk Awards 2006


If you take a manufacturing view of the financial markets, a hedge fund's primary role is as inventor and designer, coming up with strategies to exploit opportunities in the markets. But their ideas must go through the full production process if they are to yield profits: trades must be transacted, confirmed, risk-managed and settled. This can take heavy machinery, especially if a hedge fund trades in multiple or complex products, and firms are often unwilling or unable to invest in the requ