Dynamically create stress tests and what if scenario analyses on the fly

Extreme market conditions have placed a much stronger emphasis upon stress testing and scenario analysis to help measure and manage risk and optimize trading strategies. Legacy risk systems lack the ability to create sophisticated stress test dynamically and provide results in real time due to their inability to data quality and data volumes. Our distributed caching technology is used to process large data sets quickly from all the users’ systems and achieve data velocity second to none.

With Hyper Rig, users can stress test any risk factor of combination of risk factors (any variable whose value will affect the valuation of the book such as interest rate, index, oil price etc.) and assess in real-time the impact of any market event.

Hyper Rig can also perform a full Monte Carlo VaR calculation in minutes instead of hours or next day. Users are given a full breakdown to understand risk exposure by asset class, portfolio or even trade type almost instantaneously; users can therefore perform VaR to assess how a trade will impact portfolio risk positions on a pre-trade basis.

Users can also perform Real Time What-if Analyses to compute and maintain an accurate view of risk exposures and sensitivities, and in particular carry out what-if analyses in real-time in order to review the impact of a particular trade or group of trades on the key sensitivities of a trade book.