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

CubeLogic Launches New Risk-as-a-Service Solution

Subscribe to our newsletter

Enterprise risk management specialist CubeLogic this week launched a brand new risk analytics solution in partnership with capital markets technology firm Numerix and London-based IOWArocks (formerly MDX Technology), a global marketplace for data, technology and services.

The Risk-as-a-Service (Raas) platform provides advanced risk analytics as a fully managed solution, targeting both capital markets firms and energy and commodity firms specifically. First showcased at the Singapore FinTech Festival in December 2020, it offers a set of pre-configured options combining advanced credit, market and compliance risk analytics in a scalable format with both end-of-day and real-time capabilities.

“Risk-as-a-Service may not be a new term, but our approach is,” says Karl Sees, MD Financial Services CubeLogic. “By combining the specialist, but highly complementary skills and experience of the CubeLogic team, together with Numerix and IOWArocks, we have been able to very quickly construct a robust solution which can flex to suit the specialist needs of our users.”

Capabilities include a RiskCubed risk engine, powered by Numerix advanced valuation and risk analytics, and offering a full range of valuations, greeks, cross greeks, VaR, tracking error, PFE, CVA, xVA, stresses and scenarios. The solution also comes with out-of-the-box data connectivity from IOWArocks covering market, reference, and alternative data, along with business intelligence including reporting, dashboards, charting, historical analysis, and trends.

Steve O’Hanlon, CEO of Numerix, comments, “Across financial services one of the strongest trends we are seeing is the pressure to reduce operating costs. We believe this service further enables firms to outsource business processes to expert providers with confidence, and as a result will enable them to significantly improve risk mitigation capabilities and achieve the cost savings they desire.”

Paul Watmough, Co-founder & CEO IOWArocks, adds, “Cost reduction is most definitely high on everyone’s agenda. Particularly for consumers of market data, which can typically be the second-largest expenditure for most financial services firms. I am delighted to be part of this strategic initiative which will enable firms to rationalize data consumption costs whilst delivering risk competency and regulatory efficiency.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best Practices for Managing Trade Surveillance

The surge in trading volumes combined with the emergence of new digital financial assets and geopolitical events have added layers of complexity to market activities. Traditional surveillance methods often struggle to keep pace with these changes, leading to difficulties in detecting sophisticated market abuses and increased regulatory risk. To address these challenges, financial institutions are...

BLOG

A (Free) Practical AI Handbook for Capital Markets Professionals

Artificial Intelligence (AI) has swiftly transitioned from a promising concept into an operational reality across the capital markets. Senior executives, compliance leaders, and technology specialists are already well-acquainted with the potential of AI to streamline processes, enhance decision-making, and open new competitive opportunities. Yet, the current challenge isn’t about grasping AI’s transformative potential – it’s...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...