The Asset Management Group of a large European Bank required an enterprise-wide market risk system that enabled real-time analysis across multiple geographies and source systems. Due to global growth, their business had outgrown the existing market risk solution. Management required a solution that could leverage some of their existing technology investments and provide a high performance solution to a global user base.

CHALLENGESARMANTA SOLUTION
Integrate holding information from a large number of source trading-systems each with their own database across several geographiesArmanta Integrates with data in-place making the integration process simple and quick. This includes environments where the data is in many sources.
Incorporate analytical data from a risk calculation engineArmanta enables simple incorporation of imbedded and external calculations within the Intelligence Cache™. In addition, all dependencies between data and calculations are managed automatically so updates to positions as well as market data and user edits are reflected across the enterprise immediately.
Manage network latency issues across geographies Armanta’s distributed, grid-computing environment allows for configurations where each of the Intelligence Cache™ processes can run in the geography where the data is located. By parallelizing the calculations, only higher-level aggregated values need to be sent over the WAN. This results in an environment where large-scale analyses can be performed across an entire set of enterprise information in real time.
Perform ad hoc risk queries across all enterprise informationWith the grid-capabilities of the Intelligence Cache, true ad hoc, business intelligence manipulations can be done in real time on enormous data sets.
Set and monitor risk limits at multiple levels of the corporate hierarchy where the sums of the limits at the lower levels do not necessarily add up to the higher-level limitsArmanta’s flexible aggregation and reporting capability enable highly customized behaviors to be modeled throughout the enterprise
Integrate with trading systems to show exposures vs limits to traders, and enable pre-trade calculationsLike all of Armanta’s components, Armanta’s Intelligence Cache is built on a completely open architecture that allows customers to integrate capabilities defined in the cache to be available to other systems

Benefits

  • Confidence of knowing their true, global market risk resulting in reduced risk to the business
  • Greatly reduced time to market and reduced implementation risk by leveraging integrated, non-proprietary technology components
  • Delivery of a highly customized solution to meet specific, complex market risk requirements
  • Greatly reduced cost for initial deployment and future maintenance
  • High resiliency, scalability and flexibility to provide high performance and handle global growth and change in the future
  • Reduced technology maintenance overhead and reliance on outdated software