Tamesis launches consolidated risk capture system

Tamesis launches consolidated risk capture system

Trading technology vendor Tamesis has launched a near-time risk management solution that provides dealers with one consolidated view of all their product portfolios.

Tamesis Risk Informer consolidates traders' cross-product positions and p&l, wherever the trades originate, and provides visibility and transparency for both credit and market risk across all of the products traded by a desk.

Traders can perform T+0 risk analyses, target more effective hedging strategies and concentrate on increasing revenues, while saving middle office costs, says the company.

Nicholas Stewart, head of product development, Tamesis, says: "Consolidated risk information tends to be on a T+1 basis and prone to reconciliation issues. Tamesis Risk Informer shows this in a consistent, complete and highly configurable view updating in 'near time'. This allows a business to concentrate on better trading and co-ordinating consistent responses to market events."

The product is based on component-based Java technology and has been designed to co-operate with a bank's existing infrastructure and trade capture systems. It is able to leverage a bank's investment in its pricing and analytics libraries.

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