About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

IBM Combines Algo Risk Service with Managed Data to Deliver Cloud Risk Analytics

Subscribe to our newsletter

IBM has combined its Algo Risk Service, a cloud-based risk offering acquired with Algorithmics in 2011, with cloud managed data services to deliver IBM Algo Risk Service on Cloud, a risk analytics solution that transforms upstream and downstream data to make it available for portfolio and enterprise risk modelling.

The service is offered as a multi-asset class managed risk service on cloud and can be deployed in a variety of ways to meet user requirements. For example, the software element of the service can be installed on premise and data management can be sourced from the IBM cloud. Alternatively, data management and product modelling, including simulation and valuation, could be put in the cloud, with data aggregation and risk modelling on premise.

Dr Andrew Aziz, director of research, financial engineering and on-cloud solutions at IBM Risk Analytics, explains: “Algo Risk Service on Cloud gives clients more transparency around risk modelling. Clients have a choice of market data vendors to use with the service, but with the inclusion of data management they have greater ability to drill down into the data. Full data transformation means they can use a hybrid model in terms of where the software and data reside, but still have an accurate and transparent view of risk across the enterprise.”

In addition to Algo Risk Service on Cloud, IBM has introduced Algo Risk Service Risk & Financial Engineering Workbench on Cloud, essentially a sandbox that allows users to drill down into the risk analytics and tell IBM how they would like it to change the production environment in the IBM cloud. On this, Aziz comments: “This hybrid solution provides a balance of cost of ownership and flexibility, allowing clients to use the cloud, but also the workbench, to specify their own production set up. About a quarter of Algo Risk Service on Cloud users are evaluating the workbench to achieve more transparency and flexibility.”

In terms of cloud solutions for risk reporting, and to give clients a range of options from static to customised reports, IBM has restructured existing cloud services to deliver Algo Risk Reports on Cloud. This allows users to submit portfolios for risk analysis using an IBM risk framework and for preconfigured reports to be returned. The reports are designed to meet regulatory, investor and investment manager requirements. IBM also offers customised risk reports and active investment reports providing risk information on demand.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to optimise SaaS data management solutions

Software-as-a-Service (SaaS) data management solutions go hand-in-hand with cloud technology, delivering not only SaaS benefits of agility, a reduced on-premise footprint and access to third-party expertise, but also the fast data delivery, productivity and efficiency gains provided by the cloud. This webinar will focus on the essentials of SaaS data management, including practical guidance on...

BLOG

The Long and Winding Road to T+1 – A 20+ Year Journey

By Adrian Sharp, Principal, Fairfield Insights. What a long, strange trip it’s been. (Weir, Garcia et al, 1970) Earlier this year, the SEC published the final rules shortening the settlement cycle for US securities from T+2 to T+1 with a target compliance date of May 28, 2024. The case for a shortened settlement cycle remains...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...