Products
Business Intelligence Platform – Why Do I Need One?
The 2008 financial meltdown, crash of the Greek Bond market, meltdown in Ireland…….. Volatility has become the norm in today’s financial markets making improvements in risk reporting an imperative for trading organisations. Existing systems whilst providing good operational support to traders and back office staff do not provide a consolidated view of the organisations risks. Many institutions have a siloed systems each covering a range of traded products. Risk managers require this disparate information to be consolidated, aggregated, sliced, diced and reported by counterparty, currency, portfolio and many other criteria. Due to the large volumes of data such reporting has traditionally been performed during long overnight batch processes. Often this produces fixed reports that must be exported to Excel and manipulated by the risk department. Such manual processes are expensive, error prone and simply not timely enough. The CubeLogic Business Intelligence platform has been designed to offer risk managers.
- Intelligent real-time gathering of data from underlying trading systems.
- Sophisticated aliasing capability, mapping trades from multiple systems into a common language.
- Storage of the huge amounts of data generated by modern valuation techniques. In a recent benchmark with the Intel FasterLab the RiskCube simulated two billion trade positions without any significant degradation in performance.
- A single version of the truth is stored in a multi-dimensional RiskCube allowing aggregation, slicing and dicing by any dimension in real-time (Country, Counterparty, Portfolio, Agreement, Guarantor etc..)
- Self service reporting allowing end users to create their own reports on the fly via a simple drag and drop capability.
