PortfolioScience, a leading provider of on-demand risk management systems, today announced that INTL FCStone Inc., a leading execution, clearing, risk, and market intelligence provider for commodities and other asset classes has selected the RiskAPI® platform to analyze the exposure of its client portfolios. RiskAPI is a hosted, on-demand portfolio risk analysis service that includes coverage of both listed and OTC derivatives.
“PortfolioScience’s RiskAPI has demonstrated an ability to rapidly provide accurate risk analytics for complex portfolios. Market data is handled by them on the server-side and integration is light, which has meant relatively little time spent on setup, and more time managing risk. We are pleased to include PortfolioScience as part of our suite of risk management tools”, said David Wilusz, Director of Risk Valuations at INTL FCStone.
“As a global execution provider enabling clients to trade a diverse set of derivatives, INTL FCStone has a demanding set of risk management requirements. These include the need for sophisticated data, analytics, and computing, with which the firm can constantly monitor client and counter-party exposure. We are pleased that the RiskAPI system was selected by the firm due to its ability to provide a high-performance, flexible and dynamic solution”, said Ittai Korin, PortfolioScience’s founder and President.
RiskAPI offers a full range of multi-model Value at Risk, stress-testing and other quantitative analysis features, allowing execution providers, producers and speculators in the energy and commodity markets to easily generate dynamic risk calculations through multiple levels. The service includes all data, computing, and analytics across global energy and commodity markets, making it easier than ever for both sell side and buy side participants to implement a comprehensive risk analysis infrastructure.