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."