INTL FCStone Installs New Risk Management Platform for FCM Operations

Thursday, 14/05/2020 | 12:55 GMT by Finance Magnates Staff
  • The Technical Company’s JANUS platform will enable full visibility of client risk exposures across regions at INTL FCStone
INTL FCStone Installs New Risk Management Platform for FCM Operations
Finance Magnates

US-based futures broker INTL FCStone has said it will implement a Risk Management platform from The Technical Company (TTC) to monitor its growing multi-asset business, TTC announced today.

JANUS Risk Manager is a real-time multi-asset risk system that enables full visibility on all transactions, as they are received, calculating risk measures, VAR, monitoring for rule breaches and offering open APIs to enhance other applications.

INTL FCStone said that will use the JANUS risk management platform from TTC across its futures commission merchant (FCM) operations across the US, London and Singapore.

It will provide a view in real-time of client risk exposure across regions, exchanges and counterparties, including profit-loss and margin awareness.

“JANUS Risk Manager, a proven, scalable solution, will enable us to more efficiently monitor our growing multi asset business. We appreciate TTC’s ability to understand our requirements and present a solution that meets our present and future needs,” said Eric Watkins, global head of financial risk at INTL FCStone in a statement.

Managing market, credit and operational risks

TTC’s JANUS risk management platform supports over 80 risk rules and more than 60 clearing houses’ margin algorithms. It can be used in pre-trade, at-trade and post-trade scenario to manage market, credit and operational risks.

“We are pleased to add INTL FCStone as a new TTC customer and to work with them and other major global banks and brokers to continuously improve our products,” said Mirko Marcadella, CEO of TTC.

In June last year, INTL FCStone installed the Cloud -version of Eventus System’s Validus system for better market surveillance and to gain greater efficiencies with its processes. The firm replaced its outsourced system with the Validus platform to monitor its global futures activity.

US-based futures broker INTL FCStone has said it will implement a Risk Management platform from The Technical Company (TTC) to monitor its growing multi-asset business, TTC announced today.

JANUS Risk Manager is a real-time multi-asset risk system that enables full visibility on all transactions, as they are received, calculating risk measures, VAR, monitoring for rule breaches and offering open APIs to enhance other applications.

INTL FCStone said that will use the JANUS risk management platform from TTC across its futures commission merchant (FCM) operations across the US, London and Singapore.

It will provide a view in real-time of client risk exposure across regions, exchanges and counterparties, including profit-loss and margin awareness.

“JANUS Risk Manager, a proven, scalable solution, will enable us to more efficiently monitor our growing multi asset business. We appreciate TTC’s ability to understand our requirements and present a solution that meets our present and future needs,” said Eric Watkins, global head of financial risk at INTL FCStone in a statement.

Managing market, credit and operational risks

TTC’s JANUS risk management platform supports over 80 risk rules and more than 60 clearing houses’ margin algorithms. It can be used in pre-trade, at-trade and post-trade scenario to manage market, credit and operational risks.

“We are pleased to add INTL FCStone as a new TTC customer and to work with them and other major global banks and brokers to continuously improve our products,” said Mirko Marcadella, CEO of TTC.

In June last year, INTL FCStone installed the Cloud -version of Eventus System’s Validus system for better market surveillance and to gain greater efficiencies with its processes. The firm replaced its outsourced system with the Validus platform to monitor its global futures activity.

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Finance Magnates Staff
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About the Author: Finance Magnates Staff
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