With the support of two global ag trading companies, Quantifi successfully expanded their product footprint to address the valuation complexities unique to the commodity markets. Now, with several hedge funds and global-scale commodity trading firms using their products to manage counterparty credit risk and analytics in the softs and ags markets (and with plans to move into metals and energies), Quantifi has become a recognized player in the industry. Read More
Quantifi has been named Best Sell-Side Credit Risk Product at the WatersTechnology 2020 Sell-Side Technology Awards. These awards recognise market-leading technologies developed specifically for sell-side firms. Whilst credit risk has always been of primary concern for banks, its importance became paramount during the credit crisis. More recently, the COVID-19 pandemic has again highlighted the importance of accurate valuation and robust management of credit risk. read more
This blog is taken from the Quantifi webinar 'Next Generation Risk Technology Powered by Data Science’. In Part 1, we will explore data science in the context of risk management technology and operations. This blog reflects on how the financial environment, and the broader landscape, has changed over the last decade and the market trends that are driving the rise in data science approaches. Read More
One of the key shortcomings of the first two Basel Accords is that they approached the solvency of each institution independently. The recent crisis highlighted the additional ‘systemic’ risk that the failure of one large institution could cause the failure of one or more of its counterparties, which could trigger a chain reaction.
In this article, Rohan Douglas, the founder and CEO of Quantifi, talks about the effects of the summer’s volatility on the structured finance market, in particular how existing models have fared against the turmoil.
Q: What will be the long-term consequences of the crisis on confidence and liquidity? What kinds of institutions will have to make the biggest changes to their processes and will some of the more exotic structured finance products simply not get done any more?
New Zealand Superannuation Fund (NZSF) is the sovereign wealth fund of NZ. Its purpose is to help pre-fund the future pension/superannuation liabilities of an increasingly aging NZ population. NZSF wanted a single view of risk across multiple public and private asset classes and was looking for a solution with proven credit and liquidity risk management functionality. With Quantifi, NZSF has strengthened its risk management across risk disciplines and improved operational efficiency.
We expect that financial institutions and investors will continue to dedicate resources to building a robust infrastructure and developing risk solutions to solve counterparty risk in the cryptoasset industry. Even though trading cryptoassets presents significant challenges, it is our view that through technology, regulatory development and comprehensive risk management these challenges can be minimised. With cryptoasset industry evolving at pace, firms must not only be smart about the risks they pose but also manage them accordingly. Read More
The biggest banking failures during the 2008 GFC were a result of insufficient handling of credit risk. Credit risk represents the risk that a debtor may be unable or unwilling to make a payment on or fulfil contractual obligations. In some instances, this can result in default risk which is a subpart of credit risk. In other instances, it can cause a deterioration in credit quality. From a trading workflow perspective, credit risk is viewed as pre-settlement risk. This blog looks at the significance of credit risk associated with exchanges, custody and prime brokerage services. Read More
Ellington Management Group, an investment and advisory firm based in Old Greenwich, CT, has selected Quantifi to enhance its risk management and reporting functions for its growing credit business. Ellington’s core competencies include deep expertise in diversified credit, mortgage, and related markets, and time-honed experience developing quantitative macro and equities strategies. read more
by Quantifi & OKCoin