Nasdaq (NDAQ) unveiled the enhanced Nasdaq Risk Platform, a real-time single point of access risk platform for sell-side and clearing broker communities. The cloud-based risk platform provides visibility of initial margin, counterparty risk controls and improved risk-adjusted outcomes across asset classes. The Nasdaq Risk Platform has an open and flexible risk aggregation framework that allows integration of market data sources and risk models, enabling clients to consolidate multiple asset specific point solutions for risk management into one single multi-asset solution improving capital and liquidity monitoring across firms.
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Nasdaq’s SaaS-delivery model enables scalability, rapid time to market, and flexible technology upgrades that further bolsters risk management capabilities for the sell-side and clearing broker communities. The real-time risk parameters allow for fast and effective risk mitigation while protecting a firm’s balance sheet.
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The Nasdaq Risk Platform offers a suite of functions, including:
- 24/7 multi-asset coverage across equities, derivatives and commodities venues globally
- Real-time Exchange Margin replication
- Real-time and historical market data services
- Real-time position, exposure, and profit & loss calculations
- Real-time Value-at-risk (VaR), stress testing and scenario analysis for market risk
- Developed using cloud-native technology
In addition, Sucden Financial, the global multi-asset execution, clearing and liquidity provider, has tapped Nasdaq to power its risk management system. Now live on the Nasdaq Risk Platform, Sucden Financial has a fully interactive, cloud-based system that enables better visibility into real-time risk control.
Nasdaq’s market technology powers more than 300 of the world’s market infrastructure organizations and market participants, including broker-dealers, exchanges, clearinghouses, central securities depositories and regulators, in over 50 countries with end-to-end, mission-critical technology solutions.
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