Risk Systems
Risk Systems are integral to an institution’s ability to price derivatives and manage risk. EM RISK brings IP to a client’s system implementation, not take it away allowing us to help a all stages of the system development cycle:
- High level systems analytics component architecture
- Functional requirements and specifications
- Pricing and risk system selection, validation and vendor liaison
- Systems specific project management
- Quantitative business analysis
- Systems analytics development
- Tried and tested enabling tools to validate complex processes
Our approach
Our approach to risk and trading systems is holistic. We apply our extensive knowledge of the methodology, technology and market data that are part of a risk or trading system implementation. Where analytical integration is required, we work with our clients to provide system solutions. We have extensive knowledge of the major system vendor solutions in the risk management and trading system space. If clients wish to buy a new system, we can advise them on the package that meets their requirements and, if they wish, manage the selection process.
Risk management systems
Risk management systems can prove to be extremely difficult to implement due to the complex nature of the simulation engine. We can provide vendor implementations with additional resources and consulting to help them implement their products to their clients’ satisfaction. We have a comprehensive approach to delivering complex systems analysis and testing to ensure accuracy of the system calculations:
- Model validation.
- Methodology gap analysis
- Model prototype development
- Analytics system test
- Generation of key performance indicators
Our consultants have a proven record of delivering system upgrades and the capability to migrate exposure measurement calculation engines. Our methodology for delivery provides complete transparency of deliveries using financially driven indicators to measure success. We avoid project black boxes for complex projects such as Monte Carlo calculations. We can ensure that the projects are delivered under a strict cost benefit approach with methodology change impact can be clearly understood in terms of financial benefit.
Our Risk and Trading System expertise