Leonteq, a leader in financial services and a Swiss company, has chosen ActiveViam to provide superior risk analytics under advanced FRTB solutions. Leonteq aims to improve its regulatory requirements under Basel III. With this latest development, Leonteq improves its capital markets technology infrastructure. In addition to this, Leonteq aims to provide advanced risk analytics solutions under FRTB regulations to calculate complex risk calculations. This enables Leonteq to ensure real-time risk management through superior data processing capabilities.
Eric Schaanning, Chief Risk Officer of Leonteq, said: “We have successfully implemented ActiveViam FRTB in a very short period. This enables us to efficiently control and report FRTB capital charges while providing enhanced drill-down capabilities. Both front office traders and risk controllers can seamlessly analyze figures at various levels. The solution brings improved oversight, transparency, and adaptability to our internal processes.”
Enhanced Risk Oversight with ActiveViam FRTB
The solution will comply with evolving rules in the financial market globally. Moreover, the solution is adaptive, allowing flexibility in analytics for the trading desk and risk teams. As a result, Leonteq benefits from quicker access to capital allocation and risk exposure. ActiveViam technology is fully compatible with existing infrastructures. As a result, Leonteq stands to benefit from the simplified work process and reduced complexity. The solution ensures effective data aggregation and efficient analysis of scenarios. Eventually, this collaboration will add to Leonteq’s commitment to innovations in risk management solutions. The implemented solution allows the firm to thrive in complex markets as well as efficiently address regulation.
Shelly Magee, CEO of ActiveViam, added: “We are delighted to expand our partnership with Leonteq. With a long-term commitment to support their FRTB reporting. This was a challenging, ultra-quick deployment of Atoti for FRTB. Demonstrating our ongoing commitment to deliver on our promise to simplify the deployment and reporting of FRTB.”
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News Source: Businesswire.com
