Real-Time Risk Monitoring
Using a Visual Data Analytics Platform to Monitor and Manage Positions/Exposures in Real-Time Firms that engage in financial trading are exposed to counterparty risk (i.e., credit risk), market risk, and operational risk. While many firms have invested in tools to manage market risk, tools for managing credit risk tend to be less sophisticated. What’s more, the limitations of both types of tools have become apparent in the current market conditions: the information they provide is not timely enough and is too fragmented; it doesn’t provide a real-time consolidated view of the entire trading operation.
These three forces — the heightened sense of risk, the limitations of existing systems, and new regulatory pressures — are forcing firms to look for new approaches to managing risk.