Advance Risk Algorithms said its market risk solution, Ad-VR Market Analytics, covers more than 20 global markets and over 400 financial products, spanning fixed income, foreign exchange, equity, credit, energy, commodity, and derivatives instruments.
Sphinx Asia director of research Foster McMillan said they chose Ad-VR Market Analytics because they wanted a best-of-breed market risk engine to support their strategic enterprise-wide risk management initiative.
"Ad-VR Market Analytics provides us with a market risk solution that can run best-practice, technologically through advanced, intra-day market risk analytics quickly and efficiently and in a manner that is consistent with Basel II requirements. The solution is flexible, scalable and will improve our current risk management decision support tools," added McMillan.
