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Category: Risk Technology
Ventyx
Recent features added to the Ventyx Energy Trading and Risk Management system for physical, financial and asset transactions in energy markets include...
Volmaster
Volmaster FX is an online pricing system for foreign exchange derivatives that offers a choice of stochastic local volatility or other advanced models...
Actuaris International
The company has a number of packages. ERM System is a global modelling platform for financial/risk projection, financial/capital modelling, economic scenario generation, risk management and calibration, and asset liability management (ALM). IBNRS is reserving software for stochastic and deterministic projections of non-life reserves under local, international and Solvency II GAAPs. It includes a module for best-estimate and risk margin valuation according to QIS 5 requirements. Quasar is a package to automate and speed up the closing of accounts, in line with regulatory requirements. Actuaris Tools is a platform for data and process integration.
Algorithmica Research
Version 3.3 of the Quantlab development platform for quantitative analysis includes work spaces for fixed-income trading analytics, expanded support for multi-curve term structure models, contribution of real-time data to market data services, and support for Numerix models. Version 3.4 of the Algorithmica Risk Management System includes a credit counterparty risk module for calculating potential future exposure and credit value adjustment (CVA) using a high-performance simulation engine and a multi-asset economic-scenario generator. Version 4.4 of the Algorithmica History Server has enhanced middle-office data cleaning, including corporate actions, and support for a number of new data feeds, including QuantHouse and Active Financial.
Allegro Development
The Option Analytics 8.1 component of the Allegro 8 energy trading, risk management, logistics and accounting platform provides valuation models and trade capture for exotic options, including swing and swing spread options, options on strips of spread options, differential swaptions and take-or-pay trade types. Users can customise the capture of option positions. Meanwhile, the ESS Connect 8.1 component provides trading, risk management and scheduling communications within a straight-through processing architecture for electricity utilities with delivery obligations in the European power market. Users select only the components of Allegro 8 they require to meet their business needs.
Andrew Kalotay Associates
The firm's DasVal tool uses credit default swap (CDS) spreads to perform default-adjusted valuation and risk analysis of bonds, including expected cashflows and default-adjusted spread and duration. Meanwhile, BondRisk is an Excel-based application that provides real-time risk metrics for fixed-income portfolios. Planned for release by the end of the first quarter in 2012 is Fixed Income Tracking System, an Excel-based application for constructing, optimising and analysing the performance of bond portfolios. The company also offers valuation and risk analysis applications for fixed-rate bonds and preferred stock, floating-rate bonds, inflation-indexed bonds and interest rate derivatives and structured notes.
AquilaHeywood
Enhancements to the company's administrator and altair life and pensions administration systems include enhanced member self-service web services and packaged websites, extended group risk coverage, full support for auto-enrolment, plus an extended ability to allow pension providers to undertake the employer's duties on their clients' behalf. In addition, Aquilaheywood has launched a cloud-based proposition to allow employers and pension administrators to securely exchange and transform data to help employers meet their auto-enrolment duties in an automated manner. Other enhancements include standard ISO messaging for investment dealing and extended support for multi-lingual schemes. This year, the company plans to add Retail Distribution Review (RDR) compliance, extend coverage of European regulatory regimes, widen flexibility in its supported platforms, introduce message-based integration options and advanced support for (G)Sipp administration.
Axiom Software Laboratories
The firm has added a liquidity risk management module to its regulatory reporting, risk management and compliance platform. The company claims the new component complies with Basel III requirements, and calculates and aggregates discounted and undiscounted cashflows by asset and asset type, by liability and liability type, by net asset and/or liability, and across user-defined time buckets. Historic risk simulation now includes market and credit risk historic simulation vectors, while Basel II standard calculations are now supported. In 2012, Axiom Software Laboratories plans to add a private fund regulatory reporting module for compliance with US Securities and Exchange Commission (SEC) asset manager regulations.
Bosch Software Innovations
The company's new Credit Management Platform is based on the business rules technology Visual Rules, and supports loan origination, risk assessment, credit approval and monitoring processes. In May 2012, Bosch Software Innovations plans to release version 2.0 of Credit Risk Rating Platform, which it says will feature an enriched simulation and stress-testing framework for credit risk, enabling impact analysis of rating model updates and stress scenarios on a credit portfolio level, including measurement of the impact on risk distributions and regulatory capital requirements for Basel II and Basel III compliance.
Brady
The company introduced a number of products in 2011, including the Elviz integrated trading and risk system for energy markets, the Brady Energy Sales Manager tool for electricity retail business, the Brady Curve Server for forward curves, including real-time price books per market, Brady Collateral Management for centralised credit analysis and collateral management, the Brady Risk Service web-based consolidated cross-asset risk analysis and reporting interface, the Brady Energy Market Data Bank local energy market data repository, and the Brady Order Management order capture and management, real-time market analysis and reporting system.
To find out how your organisation can be listed in the Risk Directory please contact:
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Madelyn Sminkey
Telephone: +1 646 755 7253
Email: madelyn.sminkey@incisivemedia.com
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Ewa Rosol
Telephone: +44 (0) 20 7484 9739
Email:ewa.rosol@incisivemedia.com
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