21 May 2018
Visit www.fingerprints.com

SIX Financial Information and swissQuant Group launch ImpaQt for wealth management compliance

04 July 2013  |  2048 views  |  0 Source: SIX Financial Information

SIX Financial Information and swissQuant Group are pleased to announce a joint project to support the wealth management industry with enhanced risk compliance.

The increasing regulatory requirements - such as the upcoming Federal Financial Services Act (FIDLEG) in Switzerland and recent changes to FINMA circulars - demand objective advice and thorough reporting of risks as part of the daily client financial advisory business. To that effect, SIX Financial Information is partnering with swissQuant Group to produce a new breed of risk analytics.

The new offering called ImpaQt is a sophisticated portfolio risk management system that feeds high quality data from SIX Financial Information's reference data universe and market data history into swissQuant's proprietary, high-speed calculation engine to provide on demand quantitative risk analyses of client portfolios as well as portfolio based pre-trade suitability simulations.

ImpaQt features on-demand risk analytics for single instruments as well as analytics on a portfolio level. Built upon proven methodology by the experts of swissQuant Group, the system empowers client advisors to interactively visualize market and credit risk on the bank's intranet, while keeping all client related data in-house - allowing the highest level of client discretion and confidentiality. The integration into existing IT infrastructures with common core banking solutions or portfolio management systems is seamless and empowers client advisors to execute analytically sound risk management for their clients' portfolios.

The newly developed ImpaQt system addresses the demand for in-depth, objective analysis of instrument and portfolio risk, while meeting regulatory standards for client protection, pre-trade suitability and risk education. ImpaQt ensures compliance with national and international laws and regulations (MiFID I and upcoming MiFID II, FIDLEG). The service will be available as of October 2013.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comVisit iliad-solutions.com/

Top topics

Most viewed Most shared
Ripple moves to build ecosystem around XRPRipple moves to build ecosystem around XRP
9977 views comments | 5 tweets | 8 linkedin
PayPal agrees $2.2 billion deal for iZettlePayPal agrees $2.2 billion deal for iZettl...
8213 views comments | 14 tweets | 27 linkedin
Former JPMorgan blockchain leads unveil new startupFormer JPMorgan blockchain leads unveil ne...
7626 views comments | 2 tweets | 2 linkedin
BBVA begins global roll-out of unified mobile appBBVA begins global roll-out of unified mob...
7520 views comments | 6 tweets | 5 linkedin
Worldline to acquire SIX Payment ServicesWorldline to acquire SIX Payment Services
7251 views comments | 14 tweets | 24 linkedin

Featured job

(GBP Equivalent) Six-Figure Base + OTE + Benefits
New York City, NY - USA

Find your next job