Technology provider Devexperts and iSAM Securities, a liquidity and risk management solutions firm, announced on Tuesday that iSAM Securities’ proprietary risk management software, Radar, has integrated with Devexperts’ flagship multi-asset trading platform, DXtrade.
“It is crucial to provide brokers with a comprehensive view of their risk, therefore I am very glad we are now integrated with DXtrade,” said Dennis Weissert, Chief Commercial Officer at iSAM Apex. “With our solutions clients can take advantage of innovative and market-leading tools to manage sharp flow and optimize their B-Book.”
iSAM Securities Radar is a comprehensive risk management tool which allows clients to effectively manage trading activity in real-time through intraday monitoring of book performance and profitability.
As a platform-agnostic product, it consolidates exposure across multiple servers and trading platforms to provide brokers with the ability to maintain an accurate and complete view of their exposure across A-Book and B-Book, and LP accounts.
This integration between DXtrade and iSAM Securities Radar will equip brokers and other financial institutions with vital tools for identifying sharp flow and maximize profits. Institutions licensing DXtrade will be able to access a comprehensive suite of advanced features to help them manage risk across diverse products and portfolios, while also identifying opportunities to enhance profitability.
Amongst the unique features available, Radar’s aftermath analysis provides detailed investigation of trade profitability across pre- and post-execution periods. Brokers can optimize liquidity management and identify arbitrage, as well as categorize clients via smart automatic routing recommendations according to a custom risk score modelled against their risk thresholds.
DXtrade, which is available off-the-shelf in partly or fully customizable form, provides brokers and other financial institutions with a flexible interface, enabling direct client support; real time exposure management; and dealing settings configuration for client groups and instruments.
“iSAM Securities is widely respected for its market-leading risk management capabilities,” said Jon Light, Head of OTC Platform at Devexperts. “We are really pleased to now be able to provide these directly via DXtrade, helping brokers and other financial institutions to effectively and efficiently manage risk and identify actionable opportunities to enhance performance and profitability.”
