Summit FT offers fully integrated cross-asset risk functionality for consistent desk level and enterprise level risk: VaR, Monte Carlo VaR including hedging analyses (parallel, perturbation and curve hedging). Real-time P&L decomposition additionally gives the ability to slice and dice the P&L down to detailed trade level. Cross-asset implementations of Summit FT additionally benefit from the ability to calculate global VaR and reduce the capital adequacy requirement, thereby releasing funds for further investment.

The solution includes a range of real-time risk and scenario analyses, including what-if scenarios and stress testing providing the information you need to make decisions when you need it.

Market and credit risk limits

Summit FT monitors market and credit risk limits in real-time. It provides a sophisticated set of tools to manage credit risk, combining detailed analyses with real-time limit-checking, and the ability to view consolidated exposures with a straightforward mechanism for defining individual limits according to product type, counterparty and term structure. For monitoring market risk limits the solution delivers limit breach notifications and dashboards covering P&L, portfolio sensitivity, stop loss, trade sensitivity/greeks, trader daily volume and many more. It provides an environment of protection for the organisation enabling trader control and monitoring against regulatory compliance.

Grid computing – delivering fast results for complex risk management calculations

With increasing volumes of complex calculations organisations are looking for a resolution for faster answers. Summit’s partnership with DataSynapse enables results of complex calculations and risk reports to be returned in minutes rather than hours. It speeds-up compute intensive portfolio analytics providing the agility to react to market changes quickly.