Thomson Reuters today announced that it has been selected by RBC Capital Markets to provide an Enterprise risk aggregation solution for their Global Arbitrage and Trading (GAT) Group. RBC Capital Market’s proprietary trading unit will leverage Thomson Reuters TopOffice solution to deliver a comprehensive risk mitigation dashboard and identify market opportunities.
Thomson Reuters TopOffice provides RBC Capital Markets with a holistic cross-asset risk management framework to aggregate and manage risk exposures across all GAT strategies on an intra-day basis. The solution is built on a scalable architecture and includes a powerful data integration engine, allowing it to connect quickly and economically to existing data sources including front-offices, legacy systems, models, feeds and risk engines.
“The challenge that many banks face today, is ensuring they have the risk aggregation, simulation and reporting tools they need to help them make informed decisions on their trading and risk management strategies. ” said Andrew White, global head of Risk Management, Thomson Reuters. “An accurate and firm-wide view of risk is essential for quality, time-sensitive decision-making. Thomson Reuters TopOffice enables RBC to accurately to track performance and provides the tools that allow senior management to analyze and understand the true drivers of risk.”
