George Kaye, April 2017
Since the financial crisis of 2009, the financial industry has come under significantly greater regulatory scrutiny, in all areas from inducements to execution and reporting transparency. In Europe, two cornerstones of this regulation are the Markets in Financial Instruments Directive (MiFID) and the European Market Infrastructure Regulation (EMIR). The full scope of these directives is beyond the scope of this article. We will instead
George Kaye, April 2017
(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
(For the original press release please go to http://www.marketwired.com/press-release/-2157751.htm)
LONDON, UNITED KINGDOM–(Marketwired – September 13, 2016) – World First, one of the world ‘s largest non-bank providers of tailored foreign exchange solutions, has selected Derivitec’ s Risk Portal product for its collateral management and risk reporting requirements.
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.
World First’ s trade and counterparty data are being fed into the Derivitec platform, allowing them to drill down into changes in counterparty collateral and margin requirements that would result from an unlimited range of possible
(For the original press release, please see http://www.marketwired.com/press-release/-2088804.htm)
AFEX has Selected Derivitec ‘s Risk Portal Product for Production of Risk Reports on its Currency Trading Positions
LONDON, UNITED KINGDOM–(Marketwired – January 18, 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 risk reports.
Derivitec’ s Risk Portal allows clients to access industrial standard risk reporting software directly through the web, with zero installation overhead, on a pay-as-you-go basis. Whilst originally designed to handle analytics on derivative products, the platform has been significantly extended to cover everything from shocks
Derivitec is proud to have been included in James Williams’ article “Will regulation help or hinder derivatives risk management?” Derivitec offers its views alongside OpenGamma and TFG Financial Systems. For a link to the download site, please click on
(For the original press release, please see http://www.marketwired.com/press-release/-2047828.htm)
Mirabella has Selected Derivitec ‘s Risk Portal Product for Production of Short Selling Reports (‘ SSR ‘s’ )
LONDON, UNITED KINGDOM–(Marketwired – August 14, 2015) – SSR is a European regulation that imposes restrictions on the amount of short selling undertaken by natural or legal persons. This regulation was enacted into law after the financial crisis of 2007-2008 when it was suspected that short selling of shares could worsen the stability of the financial
The FT’s Alphaville blogging team is taking over The Artillery Garden at the HAC once again on Wednesday 1 July, for a festival of finance, fun and (hopefully) some sun.
Across five stages 80 strategists, economists, corporate financiers, futurists and mystery guests will debate China, the euro, the rise of artificial intelligence, currency wars, energy supply and much, much more.
Under the theme of the British seaside, we’ll be
Derivitec is delighted to announce the appointment of Jon Hodges as CTO and Anthony Grocott as Head of Sales.
Jon has worked in financial software development for over 10 years. He initially worked for a consultancy within JP Morgan building large-scale high volume auto-trading systems specialising in FIX protocol and order book management. Later he moved onto the buy-side working with Credit Derivatives (CDO’s, CDS) and Fixed
Derivitec was recently on a panel discussion at the London Stock Exchange, exploring the challenges and methods of funding in the fintech startup community. For the original article by Claire Cockerton, CEO of Innovate Finance, please go to http://innovatefinance.com/our-voice/bootstrap-ipo-redefining-finance-ladder-fintech.
Derivitec is proud to have been voted, out of nearly 800 companies across Europe, one of the 2015 Hot 10. For the full article check
For the original article by Mike Bird of Business Insider, please refer to http://uk.businessinsider.com/europe-15-most-innovative-finance-startups-2015-1.
London has become a global colossus for financial startups: the UK and Ireland accounted for more than half of Europe ‘s Fintech deals in 2013, with the capital taking the lion’ s share of that. There are other pockets of Europe where financial startups also seem to thrive.
Many of these companies are working at the intersection of tech and finance. Some are aiming to market a product
(For the original article, please refer to http://foundersgrid.com/london-startups)
Brain power, funding options, and the favourable business environment made London one of the top European cities for startups – some might even say it is the place to go.
Here are 50 startups you must absolutely know about; up-and-coming or perfectly established, they all come with that distinct London flavour. Do you see any missing? Leave us a comment!
More funds are now looking at cloud based solutions for cost effective scaling of portfolio risk analytics.
Every year Valuation Risk practitioners require their pricing and analytics vendors to continue to improve quality, scale coverage and increase “transparency” – all while lowering costs. So shouldn’t we expect the use of cloud based solutions to be ubiquitous?
Cloud based software and computing offerings have become mainstream across many industries but
The Derivitec Risk Portal, a web based portfolio and risk management system for derivatives, is now live.
The Derivitec Risk Portal has been designed to allow users to register, log in and start running risk on their derivatives portfolios in a matter of minutes.
In this first version we provide the following functionality:
Portfolio creation and management
Position import from Excel
Risk report generation, for both today’s
On 26th November, from 15.00-17.00 GMT, at the London Stock Exchange, Derivitec will be on the panel for two of the sessions at the Voltaire Advisors forum. The first, ‘Mark to Make Believe: Valuation Models and Validation’ will address some of the complex issues faced by model practitioners in the financial industry. The second, ‘Fintech Stars – Where is the Innovation for Valuation and Pricing Risk Coming From?’ will look at what some of the best start-ups in FinTech Risk Analytics are doing and discuss the direction
Derivitec is delighted to announce the addition of Randeep Grewal to its advisory board.
Randeep read Medicine and also Computer Science at university. After training for 8 years as a vascular surgeon he joined a major hedge fund where he worked as an analyst covering healthcare and TMT stocks and also a number of startup / early stage investments. He also managed a number of portfolios. After 11 years he
FinTech Start-up Storm at Google Campus: can opposites attract?
By Haggerston Times Wednesday, June 25, 2014
Is there a certain inevitability about the fact that London’s longed for big investments in early stage companies is coming at last, not from multinationals acquiring ingenious apps hatched and built in the garden sheds of reclusive coding geniuses, but from an all too familiar, and not entirely trusted source; the banking industry?
London is at the epicentre of a boom in technology firms that will create an additional 46,000 jobs over the next ten years. FinTech companies in Shoreditch’s ‘Silicon Roundabout’ and Level 39 in Canary Wharf are fast becoming the places to work for financial technologists.
Techies who would have previously been happy to draw a salary from large investment banks are increasingly embracing entrepreneurialism, vying for the attention of firms
Making the switch from banking to fintech
By the summer of 2010, Kunal Nandwani could reasonably claim that he had weathered the worst of the banking crisis and come out
He was working for Lehman Brothers in London when the bank collapsed, and he moved to Nomura when the Japanese investment bank took over parts of Lehman’s European operations.
Less than two years later, he was a vice-president in
Start your engines! Life as a fintech startup in the 21st century.
The biggest challenges facing a new startup are actually the biggest challenges facing any business, time and money. In the case of a startup however, these issues become life or death within the first two years.
When you start a business, the chances are that you start with a completely blank slate. This is of course one