The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Asset Control Analyses Data With Analytics Suite

Netherlands-based data management specialist Asset Control has released AC Contour, an analytics tool, as part of its AC Business Suite of tools and applications.

AC Contour is a tool for analysing data to create and visualize curves and surfaces including volatilities, correlation and variance covariance matrices, zero curves and bond curves. It was designed in close cooperation with risk and trading experts in six customer institutions, the firm says.

“Why should financial institutions go through major software integration to view and analyse the pricing data they already have?” says Ger Rosenkamp, chief executive of Asset Control. “With AC Contour, customers can immediately transform their raw data into the derived curves and volatilities they need for risk management and trading analytics. Or they can build proprietary models on the fly,”

Rosenkamp says that derived data is one of the more challenging types of data from a management point of view. “It’s absolutely essential for risk management, but the raw pricing data is useless without the other elements such as volatility.”

AC Contour converts data to enhanced data, such as prices to implied volatility, converting one type of curve into another, and enabling scenario analysis through altered attributes. The curve manager coordinates queries with any underlying data model and enables storage of the curve results in the system.

The software is based on Java and XML technology and includes an out-of-the-box library of standard curves, including bond curves, zero-coupon swap curves, FX forwards conversion curves, volatilities, synthetic FX options volatilities, correlations and variance-covariance matrices. It is also a complete development environment for curves, with an intuitive wizard to assist users in rapidly defining, altering or creating new curves. Alternately, the curve formation is fully exportable and can be integrated into other applications, such as Microsoft Excel.

Related content

WEBINAR

Recorded Webinar: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU and UK authorities. It has also changed dramatically following the UK government’s failure to reach equivalence...

BLOG

Rimes Names Brad Hunt – Former Strategy Lead at BNY Mellon – as CEO

Rimes Technologies, a provider of managed data services, has appointed Brad Hunt as CEO. The company describes the appointment as a follow-on from a ‘significant growth investment’ in Rimes by Swedish private equity firm EQT Partners in February 2020. Rimes’ co-founder and former CEO, Christian Fauvelais, retains a role on the company’s board and will...

EVENT

RegTech Summit APAC Virtual

RegTech Summit APAC will explore the current regulatory environment in Asia Pacific, the impact of COVID on the RegTech industry and the extent to which the pandemic has acted a catalyst for RegTech adoption in financial markets.

GUIDE

Regulatory Data Handbook 2014

Welcome to the inaugural edition of the A-Team Regulatory Data Handbook. We trust you’ll find this guide a useful addition to the resources at your disposal as you navigate the maze of emerging regulations that are making ever more strenuous reporting demands on financial institutions everywhere. In putting the Handbook together, our rationale has been...