Stanchart adopts Sophis Risque
Standard Chartered Bank (Stanchart) has implemented Sophis’ Risque, a cross-asset risk management software which offers full front-to-back office capabilities, incorporating straight-through processing (STP) for over-the-counter structured products.
Stanchart will use Risque, based in Singapore and Hong Kong, to support new equity derivatives activity in all major Asian markets. The bank will also use the software to manage its risks as well as taking advantage of the value-at-risk and reporting modules.
The choice of Sophis was driven by our need to further build a new equity derivatives business,” says Bernard Yu, Singapore-based global head, equity derivatives and convertibles, capital markets at Stanchart. “Sophis' new Structure Builder
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