ABN Amro implements Yolus risk technology

ABN Amro implements Yolus risk technology

Dutch bank ABN Amro is using technology from London-based Yolus to gain a real-time consolidated view of profit and loss and risk at its credit trading business.

Yolus says ABN Amro has rolled out its Y-RTR risk management product to users in London and New York.

The system, which went live in March, imports trading data reported by ABN’s credit trading systems to provide a consolidated view of P&L and risk across products and locations.

Information is delivered to end users via a Web dashboard that also features 'drill-through' and filtering capabilities.

The vendor says the Y-RTR product is built on its core technology platform, a three-tier, service-oriented, component-based architecture that uses in-memory caching and parallel processing to process data faster than traditional database-based approaches.

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