23 September 2017
visit www.avoka.com

Cloud Trading Technologies offers real-time risk platform on Microsoft Cloud

14 September 2011  |  4131 views  |  0 Source: Cloud Trading Technologies

Cloud FX Risk is a centralised platform providing real-time risk management of client portfolios and control of the financial institutions exposure over multiple asset classes and complex risk scenarios.

A proven solution, Cloud Trading Technologies have now extended their Cloud FX product suite to deliver real time risk management on the Azure cloud platform, ensuring a costeffective, fast and scalable implementation.

"Real-time risk management will in future become mandatory rather than optional and must be instantly reactive to market events. Using their extensive mathematical libraries and calculation suites, Cloud FX Risk does this in real-time over multiple asset class portfolios, addressing the increased regulation that financial institutions face." Howard Tolman, Cloud Trading Technology's Managing Director commented.

"We chose Windows Azure technology to deliver Cloud FX Risk for its outstanding performance, scalability and resilience. The high volume, fast moving Treasury market place has historically meant that institutions had to implement large computer infrastructures to cope with peak activity, Cloud FX takes that worry away from a bank.

Cloud Trading Technologies' new offering meets the global banking industry's need for a highly scalable, reliable risk management solution which is of particular importance in the current regulatory environment," said Joseph Pagano, Managing Director, Banking and Capital Markets, Worldwide Financial Services, Microsoft Corp. "Cloud FX provides an excellent example of how we collaborate with technology innovation leaders in the banking industry so our customers gain the benefits of cloud services on their own by leveraging and extending their existing investments and data centers. By transitioning to cloud computing, our industry customers can reduce costs, enhance and differentiate their existing solution investments with cloud-based improvements, and build transformative next-generation applications that create new business value." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.sibos.comvisit www.vasco.comdownload the paper now

Top topics

Most viewed Most shared
HSBC switches on selfie payments in ChinaHSBC switches on selfie payments in China
13006 views comments | 27 tweets | 42 linkedin
AXA launches blockchain to cover late flight compensationAXA launches blockchain to cover late flig...
8906 views comments | 13 tweets | 27 linkedin
Apple P2P payments service nears launchApple P2P payments service nears launch
8432 views comments | 19 tweets | 27 linkedin
SBI Ripple Asia advances on South KoreaSBI Ripple Asia advances on South Korea
7987 views comments | 16 tweets | 1 linkedin
European Commission makes fintech a priority in supervisory shakeupEuropean Commission makes fintech a priori...
7758 views comments | 31 tweets | 45 linkedin

Featured job

Find your next job