London, April 08, 2022
ActiveViam, a global software provider in the financial services industry specialized in in-memory BI analytics applications, and Riskfuel, an innovative technology company developing ML tools to accelerate pricing and derivatives valuation have decided to join their efforts and sign a partnership in order to provide front-office and risk analytics teams with accurate, granular and real-time risk analytics. Fast pricing and risk calculations delivered by Riskfuel’s AI-powered technology coupled with ActiveViam’s in-memory aggregation will help to solve challenges of exotics pricing, xVA and stress testing.
“The partnership between Riskfuel and ActiveViam is a natural fit of complementary technology”, said ActiveViam CEO Kathy Perrotte. “The collaboration will bring benefits to users of Riskfuel’s advanced pricing engine technologies by allowing sophisticated real time analytics and simulations to be integrated in a single, flexible BI platform.”
According to Ryan Ferguson, Riskfuel CEO, “fast models are just one piece of the risk puzzle. In order to get the most out of accelerated models you also need meaningful aggregations in real-time. We see ActiveViam’s analytics platform as an obvious destination for the data produced by our accelerated models, delivering real-time insights to traders and risk management.”
Riskfuel is transforming market risk management for banks and insurance companies. Risk calculations that normally take hours or days can now be completed in seconds, giving Riskfuel clients full insight into their risk at all times.
For more information, visit Riskfuel.com.
ActiveViam was founded in 2005 and has deployed analytical solutions to help financial services firms make instantaneous business decisions and meet operational challenges. With a comprehensive offering of analytics and data science products based on in-memory technology and expert-designed user interfaces, ActiveViam’s clients achieve a unique level of precision, speed, and adaptability.
ActiveViam’s software is used today by global banks, hedge funds, asset managers and derivatives exchanges for their most sensitive and intensive analytics needs. With offices in Paris, London, New York, Singapore and Hong Kong, our 40+ clients in more than a dozen countries include HSBC, Société Générale, Scotiabank, Mizuho, Nomura, CME Group and Tudor Funds.