RiskArt Releases Version of Customisable Back Office Solution for Structured Derivatives
RiskArt has released version 5 of its Derivatives Management suite. The software provides banks, investment funds, asset management companies, local authorities and other organisations that trade in structured derivates with operational, administrative, accounting, cash flow and compliance support for structured derivatives – in particular, market traded and over the counter (OTC) derivatives. The company says that it is able to handle equity instruments, debt securities, structured derivatives and financial deposits.
This latest version uses Visual Studio 2008 compiler, and the company says that it offers faster processing of data along with more extensive parameterisation functions that enable new financial instruments to be incorporated within a matter of a couple of weeks without affecting the source code.