Sucden Financial taps Nadsaq Risk Platform for real-time risk management

Rick Steves

“In an ever more volatile environment, the ability to calculate risk in real-time serves as a great competitive advantage, unlocking overnight liquidity, improving capital efficiency, and reducing the financial burden of legacy risk systems. By offering a fully managed service our clients can focus on business expansion and risk management, rather than operating risk infrastructure.”

Sucden Financial and Nasdaq have expanded their risk technology partnership by leveraging the Nasdaq Risk Platform for real-time risk monitoring and decision-making support.

The Nasdaq Risk Platform, used across Sucden Financial’s trading portfolios, offers live risk views, analytics, and derivative pricing. The move will enhance Sucden Financial’s global market and liquidity risk management capabilities.

The expanded agreement includes additional safeguards and expanded coverage in Europe, North America, and Asia. This extension aims to meet the increasing needs of Sucden Financial’s clients.

Why real-time risk management

Mike Coomber, Chief Risk Officer at Sucden Financial, noted the importance of risk management across multiple asset classes in real-time. “We prioritize effective risk management across our operations. We are happy to extend our partnership with Nasdaq and continue enhancing the platform, which helps manage our market and liquidity risks across multiple asset classes in real-time.”

Malcolm Warne, Head of Product for the Nasdaq Risk Platform, highlighted the competitive advantage of real-time risk calculation in a volatile environment. “We welcome the opportunity to deepen our partnership with Sucden Financial, who are operating at the forefront of the industry. In an ever more volatile environment, the ability to calculate risk in real-time serves as a great competitive advantage, unlocking overnight liquidity, improving capital efficiency, and reducing the financial burden of legacy risk systems. By offering a fully managed service our clients can focus on business expansion and risk management, rather than operating risk infrastructure.”

Nasdaq’s Marketplace Technology business is a leading market infrastructure technology provider. It serves over 130 marketplaces, CCPs, CSDs, and regulators in more than 50 countries. The technology enhances efficiency, transparency, and liquidity in trading operations.

Nasdaq’s risk technology, cloud-based and offered as SaaS, is widely used in the banking and brokerage community. It features regular updates every three weeks, ensuring scalability and reliability during periods of market volatility.

Sucden Financial, established in 1973, is a leading multi-asset execution, clearing, and liquidity provider. With a 50-year track record, it has evolved from commodity futures and options trading. Sucden Financial operates independently while being supported by its parent company, Sucden.

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