Post-trade software vendor SLIB, a subsidiary of BNP Paribas and Naitxis, has rolled out RiskMonitor on its risk management solution (RMS) platform.
The product has been developed in partnership with Clarus Risk, an Apex Group company specialising in risk management solutions.
RiskMonitor provides improved governance and transparency on multi-asset risk exposures, aiming to improve efficiency in the brokerage market.
The solution’s API uses a multi-asset Monte Carlo value-at-risk engine, with the goal of strengthening counterparty risk exposure monitoring across asset classes and trading venues.
Phillippe Ruault, CEO of SLIB, comments: “This new model enables SLIB’s RMS to enlarge its offering in both securities and listed derivatives products.”
Max Hilton, managing director at Clarus Risk, says: “We are excited to begin working with SLIB’s RMS platform and about the potential for addressing counterparty risk via the RiskMonitor API.”
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