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Future ready risk
First Derivative’s client is a UK headquartered global bank and has been a partner of First Derivative for over twenty years.
Our client faced inherent inefficiencies with its legacy risk platforms. These would only be exacerbated as market and regulatory demands increase exponentially.
A scalable, future proof solution was required.
The First Derivative team built a highly scalable, fault tolerant counterparty credit risk solution on Google Cloud Platform.
Covering project management, cloud architecture, infrastructure & application engineering and test automation, the team delivered the cloud platform and the end to-end-migration of key workloads including counterparty credit exposure and issuer risk.