Sucden Monetary expands threat know-how partnership with Nasdaq

Multi-asset execution, clearing, and liquidity supplier Sucden Monetary and Nasdaq as we speak introduced that they’ve agreed to increase their threat know-how partnership, which can additional improve Sucden Monetary’s capability to observe, handle, and mitigate market and liquidity threat globally.

Sucden Monetary makes use of the Nasdaq Threat Platform throughout proprietary and consumer buying and selling portfolios, utilizing the dwell view of threat, detailed analytics, and dwell spinoff pricing to help real-time decision-making.

This settlement will combine a number of further safeguards and controls into the system while increasing the platform’s protection throughout new exchanges in Europe, North America, and Asia to satisfy the rising wants of Sucden Monetary’s shoppers.

“We prioritise efficient threat administration throughout our operations. We’re pleased to increase our partnership with Nasdaq and proceed enhancing the platform, which helps handle our market and liquidity dangers throughout a number of asset lessons in real-time,” stated Mike Coomber, Chief Threat Officer at Sucden Monetary.

“We welcome the chance to deepen our partnership with Sucden Monetary, who’re working on the forefront of the trade,” stated Malcolm Warne, Head of Product for the Nasdaq Threat Platform. “In an ever extra unstable atmosphere, the flexibility to calculate threat in real-time serves as an important aggressive benefit, unlocking in a single day liquidity, enhancing capital effectivity, and lowering the monetary burden of legacy threat programs. By providing a completely managed service our shoppers can give attention to enterprise growth and threat administration, reasonably than working threat infrastructure.”

Nasdaq’s Market Know-how enterprise serves as one of many world’s largest market infrastructure know-how suppliers, offering multi-asset options to greater than 130 marketplaces, CCPs, CSDs and regulators in over 50 international locations. It affords dependable and scalable know-how throughout the commerce lifecycle, serving to organisations to drive effectivity, transparency, and liquidity with unparalleled resiliency.

The corporate’s threat know-how is broadly used throughout the financial institution and broker-dealer group, with new performance delivered to all shoppers each three weeks. Constructed within the cloud and deployed through SaaS, the Nasdaq Threat Platform has the flexibility to scale quickly, serving to shoppers navigate durations of maximum market volatility when it’s most wanted.