Navitas Resources Chooses Hyper Rig 
LONDON, UK, July 2009 – Hyper Rig, the provider of multi-asset real time risk management solutions, today announced Dubai-based Navitas Resources has signed an agreement with Hyper Rig to utilize its risk management platform in all of its trading and market development businesses.
Hyper Rig Releases Intel Benchmark Results: Monte Carlo VaR in Two Minutes
LONDON, UK, March 2009 – Hyper Rig, the provider of multi-asset real time risk management solutions, today announced the results of its Intel benchmark test. Hyper Rig used a test portfolio designed to represent a large trading book from a Tier 1 organization and contained 1 million trades (70% vanilla fixed-income and FX products and 30% exotic instruments – interest and credit default swaps, options, etc.).
Hyper Rig Hires Laurent Louvrier As Director of Product Development
LONDON, UK, January 2009 – Hyper Rig, the provider of multi-asset real time risk management solutions, today announced it has hired Laurent Louvrier to become Director of Product Development. Laurent has extensive financial risk experience having spent six years consulting for investment banks and asset management firms on IT assignments such as risk management systems implementation, investment process review, design and development of algorithmic trading strategies as well as four years in structuring and risk management roles.
Bushco Natural Resources Goes Live With Hyper Rig
LONDON, UK, January 2009 – Hyper Rig, the provider of multi-asset real time risk management solutions, today announced its first client, Dubai-based Bushco Natural Resources went live using Hyper Rig for all its risk management and trading strategy optimization requirements.
Hyper Rig Named Company with “Technology of Exceptional Potential” by Department of Trade & Industry
LONDON, UK, October 2009 – Hyper Rig, the provider of multi-asset real time risk management solutions, today was chosen by the UKTI’s Global Entrepreneur Program as a company with “Technology of Exceptional Potential”.
Mike Hepburn Joins Hyper Rig As Managing Director
LONDON, UK, September 2008 – Hyper Rig, the provider of multi-asset real time risk management solutions, today announced it has hired Mike Hepburn to assume the role of Managing Director. Mike has over fifteen years experience in the City and brings an impressive start up track record to Hyper Rig.
Hyper Rig Partners with Numerix to Extend Scope of its Real Time Risk Management Solution
LONDON, UK, June 2008 – Hyper Rig, the provider of multi-asset real time risk management solutions, today announced it has integrated NumeriX 7 Analytics into is solution to provide an out-of-the-box, turn-key risk management solution offers ease-of-use, and encompasses the full range of both pre-and post-trade VaR—for single deals, multiple deals, or the entire portfolio of securities—for any exotic derivative or structured product.
News
Dealing with technology
LONDON, UK, June 2009 - "New entrant Hyper Rig claims some groundbreaking progress. By redesigning code from the ground up and combining it with the horsepower of new, high-performance processor technology,Hyper Rig manages access to transaction data and performs multi-dimensional analysis of counterparty and asset class exposures. Hyper Rig recently carried out a performance benchmark to prove the advanced computational performance of its solution." ...continued from the PDF on page 4
LONDON, UK, March 2009 - “A recent study by CommodityPoint conclusively shows that risk management is the key critical business issue faced by commodity trading firms particularly under current market conditions where credit is tight, liquidity reduced and volatility remains high. The study further demonstrates that risk management is now being more broadly interpreted not just as market risk but to include credit and counterparty risk, operation risk and regulatory risk. In tackling the risk management issue however, trading firms are considerably hindered by the lack of integration between the software solutions employed in their business to support their trading & risk management function. In this whitepaper, CommodityPoint examines how Hyper Rig’s solution addresses trading firms’ key risk management challenges.