Implementing state-of-the-art real-time risk management for FCM’s and clearing firms.
A few years ago, Societe Generale Prime Services (Societe Generale) started to hunt for a new risk system because “we put risk at the forefront of our policy and wanted to gold plate regulatory requirements. We did this by extending our scope from a product and a client perspective,” explains Didier Livio, Global Head of Prime Services Risk, who sits in New York.
Societe Generale had been using three systems: two external – one for intra-day risk and one for end-of-day risk – as well as another internal system for margin calculations. The bank had to coordinate managing and transferring data between three different systems, which became more demanding as Societe Generale’s clients are increasingly trading across asset classes, globally, and round the clock. “We wanted consistency between intraday and end of day P&L and risk metrics and across asset classes,” said Pascal Marciano, COO of Prime Services Risk.
NEW YORK, February 21, 2013 - Imagine Software, a leading provider of real-time portfolio and risk management solutions worldwide, has introduced a groundbreaking new product, the Imagine High-Volume Risk Management (HVRM) solution.
CEO Lance Smith Identifies the Real-Time Achilles Heel at Third Annual Enterprise Risk Management Congress
NEW YORK – December 3, 2014 – Dr. Lance Smith, CEO of Imagine Software, speaking at the 3rd Annual Enterprise Risk Management Congress (ERM) on December 3, 2014 said, "The Achilles heel for firms without real-time risk capabilities is starkly apparent when markets suddenly change dynamics..."