It does not require that all data be stored in a single location, but allows the data to reside where it originates. Specific information may be maintained by local interest groups, but the total corporate information base acts like a single, integrated data source. End-users may also view data and analytics directly in their Web browser through active Web pages. They now claim the intraday Monte Carlo simulation for VaR record. The tests specifically address the types of analysis global financial institutions will conduct to actively manage their risk.
High speed means improved management of risk.
IQ is the new spin-off from Banker's Trust described in the August email update to Financial Engineering News. Including the additional staff associated with the Lighthouse acquisition, IQ Financial will have over 170 employees in New York, London and Tokyo. Transferring credit risk enables a more efficient match between credit exposure and the resources devoted to credit risk management. We have priced the add-in at a mass market price, bringing it within reach of all market participants. As the system is enhanced in future by the addition of new credit derivatives, the product will be at the centre of MBRM's on-going research in the credit derivatives sector.