Quantifi, a specialist provider of analytics, trading and Risk Management solutions, today announced the release of Quantifi Version 13 (V13). Leveraging the latest technology this release introduces a range of new enhancements including expanded product coverage, improved and extended front office trading and connectivity, superior data management and second generation margin analytics. With its integrated solution, Quantifi delivers a consistent view of risk from front to back. This latest release is designed to further enhance performance and scalability, reduce operational risk, and help clients better adapt to the new and rapidly changing market environment.
The weight of regulatory reform including IFRS, MiFID, EMIR, Dodd-Frank and IOSCO, and stricter capital requirements have driven firms to focus their attention on holistic risk analytics that provide accurate and timely risk reporting across multiple asset classes and business lines. Quantifi V13 incorporates several enhancements spanning technology, data management, trading, risk management and reporting.
“With structural and regulatory forces placing continued demands on capital and ROE, financial firms must be equipped to triangulate and optimize multifaceted funding, leverage and capital-related P&L drivers in both business-as-usual conditions and stressed scenarios.”
Cubillas Ding, Research Director at Celent’s Securities and Investments Group
“We talk to many different institutions on both the buy and sell sides and integrated risk management is the central theme. Many firms have initiated significant investment in new technology that can accommodate risk, analytics, data and reporting in a single solution, with the flexibility to integrate third party components into their existing infrastructure stack. Often the key driver is to improve performance, enhance flexibility, and reduce operational risk and costs,” comments Avadhut Naik, Head of Solutions, Quantifi. “Over the past year we have continued to add depth and scope to our solution by releasing numerous new features and enhancements to product coverage, analytics, functionality, and usability.” continues Avadhut.
For clients to be able to better manage and optimise CCP margin requirements, this latest release includes second generation margin analytics. These analytics support emerging best practices for clearing by providing fast, accurate pre and post-trade calculations at portfolio and individual trade level. To support the heavy demands of big data Quantifi utilises a NoSQL database environment which allows for high-performance and agile processing of information on a larger scale. Quantifi uses an ETL framework for managing real-time and batch inbound and outbound data feeds, with pre-integrated feeds for popular data providers include Markit and Bloomberg.
Key enhancements include:
- Expanded asset coverage including support for liquid assets
- Second generation margining analytics including expected lifetime margin costs for a trade
- Additional regulatory and accounting reporting including IFRS 13 and Basel III
- Improved and expanded trading and connectivity to reduce operational risk
- Enhanced modelling and technology for improved performance and scalability
- Expanded documentation and new model validation tools to improve transparency and reduce model risk
- Innovative, new simplified support for market-standard products and trading conventions
“With structural and regulatory forces placing continued demands on capital and ROE, financial firms must be equipped to triangulate and optimize multifaceted funding, leverage and capital-related P&L drivers in both business-as-usual conditions and stressed scenarios,” says Cubillas Ding, Research Director at Celent’s Securities and Investments Group. “Next generation capabilities will require integrated solutions and new competencies around data to enable firms to navigate the opportunities and constraints around trading and risk-taking activities.” continues Cubillas.
