SS&C Algorithmics: Winner’s interview with Andrew Aziz

SS&C Algorithmics has won the Markets Technology Award for Market risk management product of the year for its Algo Market Risk solution. The system provides an enterprise market risk framework that meets on-demand and intraday requirements and is compliant with current Basel 2.5 market risk regulations – including standardised and internal models – and forthcoming Fundamental Review of the Trading Book (FRTB) rules.

Algo Market Risk incorporates sophisticated analytics across data validation, pricing, scenario generation and aggregation to enhance decision-making, with an optimisation framework to boost portfolio performance.

The system provides a scalable enterprise-class and versatile environment for aggregating diverse risk data from multiple sources. In real-time interactive use, users can select bespoke aggregation while performing on-demand analysis of new positions and scenarios. Day-to-day analysis and key analytics increase transparency and validation of risk reports.

Recent developments have centred around supporting clients with cloud deployment, implementing new features related to risk-free rates, enhancements to modelling and analytics capabilities, and improvements to the user experience.

In this interview, Andrew Aziz, chief strategy officer and head of product at SS&C Algorithmics, discusses the challenges of managing market risk in today’s volatile environment, the flexibility required to comply with changing regulatory requirements and how the Algo Market Risk system supports clients’ evolving needs in this area.

 

00:56 – Overview and benefits of the Algo Market Risk solution

03:18 – Key challenges for clients managing market risk volatility

07:14 – How SS&C Algorithmics supports firms with FRTB implementation

09:28 – Opportunities and ambitions for SS&C Algorithmics in 2024

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