MJ Hudson partners with SLIB for improved governance and transparency
23 September 2021 UK
Image: REDPIXEL
London-based solutions provider MJ Hudson, and risk management and post-trade software specialist SLIB have partnered to provide improved governance and transparency on risk exposures within the brokerage market.
MJ Hudson鈥檚 RiskMonitor Monte Carlo value at risk (VaR) calculations will be integrated within SLIB鈥檚 risk management solution (RMS) via application programming interface (API) software.
The integration aims to strengthen counterparty risk exposure monitoring, across asset classes and trading venues.
SLIB is jointly owned by global bank BNP Paribas and corporate investment company Natixis.
Max Hilton, head of quantitative solutions at MJ Hudson, says: 鈥淲ithin our business we see an increasing drive towards multi-asset portfolios, with VaR representing the critical market risk calculation. SLIB is already proving to be an excellent partner to our business, and I am excited at the prospect of what we can achieve together.鈥�
Philippe Cognet, CEO of SLIB, comments: 鈥淭his is definitely a decisive step forward in our credit risk strategy of bringing together an industry-leading risk engine, with our RMS platform, which is amongst the leaders in the European clearing industry.
鈥淲ith best-in-class risk algorithms and API technology, MJ Hudson represents an ideal partner to bring this innovative and much needed solution to market.鈥�
MJ Hudson鈥檚 RiskMonitor Monte Carlo value at risk (VaR) calculations will be integrated within SLIB鈥檚 risk management solution (RMS) via application programming interface (API) software.
The integration aims to strengthen counterparty risk exposure monitoring, across asset classes and trading venues.
SLIB is jointly owned by global bank BNP Paribas and corporate investment company Natixis.
Max Hilton, head of quantitative solutions at MJ Hudson, says: 鈥淲ithin our business we see an increasing drive towards multi-asset portfolios, with VaR representing the critical market risk calculation. SLIB is already proving to be an excellent partner to our business, and I am excited at the prospect of what we can achieve together.鈥�
Philippe Cognet, CEO of SLIB, comments: 鈥淭his is definitely a decisive step forward in our credit risk strategy of bringing together an industry-leading risk engine, with our RMS platform, which is amongst the leaders in the European clearing industry.
鈥淲ith best-in-class risk algorithms and API technology, MJ Hudson represents an ideal partner to bring this innovative and much needed solution to market.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 麻豆传媒 Finance Times
