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.
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Data integration and the adoption of technologies including data location aware computation, in database analytics and event stream processing will improve analytics, reduce decision making time and, in turn, contribute to cutting the costs associated with duplicated data.
Proving return on investment (ROI) while attempting to take an incremental approach to enterprise data management projects remains a significant challenge for managers seeking sign-off for EDM projects, delegates at A-Team’s Data Management for Risk, Analytics & Valuations conference in London heard.
The introduction of 70 capital markets regulations in Europe over the next 18 months and the addition of about 300 regulations in the US are driving the need for big data solutions that can deliver on-demand risk and business analytics reports, more granular risk management and the ability to combine unstructured data behind products such as OTC derivatives with structured data.
Following its acquisition of Sophis, which was finalised in March this year (see more on which here), Misys has been focused on allowing clients to “leverage the combination” of both vendors’ component parts (as explained by CEO Mike Lawrie back in March). The first fruit of the combined vendor’s labours is today’s release of its new enterprise market risk solution, Misys Risk, which brings together Misys’ risk management framework approach with Sophis’ front office technology capabilities. Karim Blanc, head of risk management solutions at Misys (and ex-Sophis employee), explains the details to A-Team Insight.
Misys is focusing on a number of initiatives in several key areas including providing support for central clearing in the OTC markets, enterprise risk management (ERM) and cross asset collateral management, according to Denny Dewnarain, deputy European managing director of Treasury and Capital Markets for the vendor. Following its acquisition of Sophis earlier this year (see more on which here), Misys has also spent time examining specific areas of integration between the solution set it acquired with Sophis and its own offerings, although it is keeping the Sophis set intact.
By Dale Stevens, business development director for Capital Markets at SAS UK
The case for real-time risk management was made clear in report published by Lepus earlier this week. The report is based on interviews with senior representatives from four global banks and two independent consultants with extensive past experience in the field of risk. It finds that banks have reacted strongly in the face of the financial crisis, but that there are a number of inadequacies with the current approach to risk management.
Analytics and reporting solution provider PerTrac has introduced a second release of its RiskPlus risk analysis solution that adds ‘infilling’ techniques to cover illiquid assets and additional geographic factor models to deliver an enterprise view of risk. The PerTrac RiskPlus 1.2 software has been developed by predictive performance analytics solutions supplier FinAnalytica and builds on a partnership between the companies that was made in 2009 and delivered an initial release of RiskPlus in April 2010 (see the release here).
Talks between FRSGlobal and Lombard Risk Management about the former making an offer for the latter have been terminated, with Lombard stating that “FRSGlobal has confirmed that it does not intend to make an offer” and that Lombard Risk is “no longer in an offer period.”
The scramble within the vendor community to build up their risk management solution portfolios took another turn this week as FRSGlobal, a Wolters Kluwer financial services company, approached Lombard Risk Management about making an offer for the company.
Sybase has made a significant push into the enterprise risk space with two system releases in the Business Intelligence and CEP areas. The releases aim to help clients deal with enterprise decision-making but have direct relevance to the increasingly Big Data approach to risk management.
Hardware supplier Dell’s quiet acquisition last month of Portland, Oregon-based memory virtualisation specialist RNA Networks could give it the ammunition it needs to launch a credible assault on the enterprise risk and high performance analytics marketplace.
Societe Generale Corporate & Investment Banking (SGCIB) has continued the rejuvenation of its risk management infrastructure with the implementation of Quartet FS’s ActivePivot online analytical processing (Olap) aggregation engine to support global, near real-time risk management.



















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