(For the original press release please go to http://www.marketwired.com/press-release/-2168040.htm)
LONDON, UNITED KINGDOM–(Marketwired – October 19, 2016) – AFEX, one of the world ‘s largest non-bank providers of global payment and risk management solutions, has selected Derivitec’ s Risk Portal product for production of its collateral management reports.
Derivitec ‘s Risk Portal allows clients to access industrial standard risk reporting software directly through the web, with zero installation overhead. Whilst originally designed to handle analytics on derivative products, the platform has been significantly extended to cover everything from shocks to regulatory reports across a wide range of assets, globally. End-of-day market data, and portfolio management are provided as standard, leaving the client with nothing more to do than upload portfolios and calculate to obtain their end of day risk numbers.
Derivitec’ s solution enables firms to benefit from effective collateral risk management and is being used daily by major financial intermediaries involved in trading currencies, the largest financial asset in the world. In particular, Derivitec ‘s innovative cloud-based collateral risk management solutions have made an important contribution in helping firms manage some of the currency risks associated with Brexit.
AFEX’ s trade