Prime broker Triad Securities has selected capital and credit management provider Softek to provide intraday credit and risk monitoring and alerting.
Triad Securities president Larry Goldsmith explained that partnering with Softek has enabled Triad to actively manage credit and market risk.
“This empowers our operations, trading and risk groups to proactively manage the client relationship with the customer-first attitude our clients have come to expect from Triad,” he added.
Andrew Powell, COO at Softek, commented: “Triad is able to leverage Softek’s private cloud-based utility, combining data management, risk analytics and reporting, to monitor near real-time credit and risk across their entire business.”
“Using a combination of our bespoke alert service, applications and reports, Triad is able to get a complete picture of intraday risks with minimum effort. It’s been a pleasure to work with their team of professionals and we look forward to working alongside them in the future.”
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