The Technancial Company (TTC) in conjunction with CQG and AMP Global Clearing announced today that AMP Global Clearing will utilise TTC’s JANUS™ Risk Manager platform (JRM) hosted by CQG to enhance their client services with real time risk monitoring.
Having researched and tested various risk management systems, AMP Global Clearing chose JANUS™ Risk Manager deployed as SaaS (Software as a Service) through CQG as the ideal platform to have for monitoring market risk exposure in real time. TTC’s JANUS™ Risk Manager’s proven solution delivers real time portfolio margin information for thousands of client accounts, while at the same time using tailored alerts to sort and present the most valuable feedback to risk managers and customers alike.
The JRM platform includes a range of flexible rules. In addition to which, the open connections TTC offers to other systems provides the opportunity to link JRM alerts to trading platform kill switches, for use in critical situations where manual intervention could result in costly delays. The CQG trading platform will now facilitate kill switch and if needed auto liquidation triggered by the account information in JRM.
Mirko Marcadella, MD of The Technancial Company, said: “TTC’s JANUS™ Risk Manager, hosted by CQG offers the advantage of immediate interoperability for CQG Trader users, as well as a single place to view risk across multiple trading platforms, unlike other less cost effective Risk and Surveillance solutions. One of the few trading platform independent systems available, it is a trusted, tested and credible fast and neutral referee in an increasingly complex and time sensitive global business. AMP will continue to be positioned competitively in the market, where good risk management is critical.”
Dan Culp, President of AMP: “TTC JANUS™ Risk Manager’s will provide AMP a single place to view Margin exposure continuously, and has proven its ability to process large number of accounts and data quickly and reliably.”
Mike Glista, Director of Order Routing at CQG, added: “The plug and play deployment of this solution, as well as its ease of use, fits well with our view that interoperability of the best systems should be the norm.”
