The Client
As one of the UK’s leading and most sophisticated banks, the client provides a range of comprehensive banking and financial markets services to over 25,000 customers – predominantly FTSE 100 companies.
The Challenge
With a complex infrastructure of proprietary and third party front and back office systems, a key challenge for the client was producing timely and accurate risk reporting. Senior management within the firm required a consolidated view of risk and P&L to ensure an awareness of, and accountability for the risks taken across their multiple credit business units. To do this, they required a solution that would provide a single view of exposure by taking input from the various systems.
Why Quantifi?
- Deep domain knowledge and expertise
- Reputation for proven, market-leading models that provide stable and accurate results
- Comprehensive credit product coverage: a full range of vanilla and structured products, including bonds, single-name CDS and indices, credit linked notes, options, cash and synthetic CDOs, CLOs and other hybrid products
- Powerful and open APIs
- Ability to scale and support changing business requirements
- High level of client support
- Regular ongoing system maintenance and upgrades to reflect market shifts and evolving business needs
“Senior management within the firm required a consolidated view of risk and P&L to ensure an awareness of, and accountability for the risks taken across their multiple business units.”
The Results
- Rapid and smooth implementation
- Sophisticated analytics
- Consolidated intraday risk reporting
- Real-time trade interface
- Seamless integration
- High performance and scalability
Download the complete case study to see how Quantifi was able to enhance this UK bank’s intraday risk management.
