Connectivity, integration and risk solutions Roman Anokhin deputy director on international projects.

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Presentation transcript:

Connectivity, integration and risk solutions Roman Anokhin deputy director on international projects

Contents 5 A. Who we are B. Our view on risk management C. Risk management system architecture D. Business case examples: 1. Equities and derivatives portfolio margining 2. FX instruments and equities 3. Integration in FIX infrastructure 2

Front-to-back solutions for banks, broker-dealers and investment companies 300+ clients, incl. Connectivity to 30+ venues worldwide Exceptional focus on trading risk management Who we are ARQA Technologies - largest trading software vendor across CIS and Russia 2

OUR VIEW: new business opportunities New services Volumes increase Profitability increase CONVENTIONAL VIEW: protection $31.7 mln $100 mln $440 mln Our view on risk management Risk management provides business advantages

Risk management system architecture Requirements Multi -asset, -currency and -venue Position keeping and pre-trade / post-trade control Risk management models (fat fingers, limits, cash, margin, netting, SPAN, portfolio margining) Flexibility Visualization Ease of integration 5

Risk management system architecture RISQ solutions Trading system 1,2..N Risk calculation and control Risk-manager RISQ terminal RISQ server Client / trader RISQ terminal Approved transactions Transactions EMS / OMS / HFT-Algo  Position and risk parameters monitoring  Margin calls  Position closing  Alerts set-up  ‘What-if’ calculator  Position and limits visualization  Alerts set-up  ‘View-only’ mode FIX FIX / API Market data and drop copy FIX / API 6

Business case examples 1.Equities and derivatives portfolio margining Collateral optimization for arbitrage or hedging between equity and derivatives Borsa Istanbul (equity) RISQ server EMS / OMS / HFT-Algo Borsa Istanbul (derivatives) Solution infrastructure 7

Business case examples 1.Equities and derivatives portfolio margining Collateral reduction Trading efficiency increase Commission income increase Precise risk-control Growing client base Business advantages 8

Business case examples 2.FX instruments and equities One currency in position – several currencies in trading LSE (IOB) FX trading venue (ICAP) Solution infrastructure Borsa Istanbul (equity) RISQ server EMS / OMS / HFT-Algo 9

Business case examples 2.FX instruments and equities One currency in position – several currencies in trading Cross-margining for FX positions Revenue stream from FX conversion Business advantages 10

Business case examples 3.Integration in FIX infrastructure ‘Plug-in’ integration results in reduced costs Trading system 1,2..N Solution infrastructure Approved transactions Transactions 1. EMS / OMS / HFT-Algo 11 RISQ server

Business case examples 3.Integration in FIX infrastructure Same as in Cases 1 and 2 Simplification of the integration process Business advantages 12