securities-firms-spend-more-on-risk-solutions

Securities firms spend more on risk solutions

Investment in risk management technology is on the rise as securities firms feel the pinch of the global credit crunch, according to a survey by Sophis.
With market volatility refusing to abate, securities firms are increasing their spending on trade and risk management technology, according to the latest research by technology vendor Sophis.

The survey found that of 100 participants, 69% said their trading and risk management requirements had changed as a result of the market volatility. A total of 63% said their firms had increased spending on trading and risk management technology during the past 12 months, and 57% said they expected to increase spending over the coming 12 months.

Respondents said the ability to monetise collateral is now much harder, and that risk systems need to be updated in order to cope with the increase in trading volumes.

In...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222