Swedbank’s selection of the Numerix CrossAsset solution for pricing complex derivatives and model validation is expected to reduce operational and reputational risk at the bank as well as improve workflow and time to market for new products.
Guggenheim Investments is looking to reduce operational risk by replacing Microsoft Excel spreadsheets used for exception management in net asset value (NAV) production and validation with pControl, an automated solution from Australian provider Milestone Group.
Increasing regulation and reporting requirements are driving demand for improved risk data management, but few financial firms feel they have risk data under control. That was the conclusion of last week’s A-Team webinar on managing risk in a siloed environment.
Mountaineer Partners Management, an event-driven long/short hedge fund based in New York and open for business since January 2012, has implemented Imagine Software’s cloud-based portfolio and risk management solution to support its essential requirement for real-time risk analysis as well as automation of the trading life cycle. 
TriOptima has added a third service to its post-trade risk management portfolio for OTC derivatives. Called triBalance, the web-based service uses the multilateral algorithmic optimising engine at the heart of existing services triResolve and triReduce and aims to reduce systemic risk by rebalancing counterparty credit exposure for cleared and uncleared OTC derivatives.
A-Team Insight Events combine A-Team's expertise in financial markets IT with thought leadership from world-class technology innovators and practical experience from financial market practitioners. In 2011, a quality constituency will once again gather for these focused events in London and New York City.
Professional services firm Kinetic Partners is augmenting its consultancy offering around trade monitoring and surveillance with a software solution from Redkite Financial Markets. This is the firm’s second tie-up with a software provider following a partnership made in March with the London Stock Exchange that bundles Kinetic’s consultancy skills with the UnaVista transaction reporting solution.
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