Multiple risk and reporting workflows across different trading desks made it impossible to achieve a consistent view of risk.
Vendor lock-in limited control and adaptability for risk calculations.
The customer wanted to build an in-house global risk platform to establish a single source of truth, enabling a comprehensive global risk view.
What we did
Assessed the organisation’s needs to select the appropriate technology stack, leveraging AWS, Databricks, Power BI, and Informatica.
Designed a self-service platform based on Data Mesh principles, using a data fabric architecture with reusable components to consistently and efficiently deliver data products across various organisational domains.
Rationalise the different risk engines and develop a custom-built market risk calculation.
The results we achieved
Provided an aggregated view of market risk measures at multiple levels, including book, strategy, typology and region.
Delivered a common, standardised view of risk across the organisation.
Achieved a 100% improvement in the speed of Value at Risk (VaR), Stress VaR, and Historical VaR calculations.
