Mantara Raises the Bar for Low-Latency Trading With Pre-Trade Risk Control

JERSEY CITY, N.J., Feb. 24 /PRNewswire/ -- Mantara, Inc., an innovative provider of advanced technology solutions aimed at high-frequency securities trading, today announced the availability of a comprehensive suite of pre-trade risk capabilities that go well beyond anticipated regulatory requirements for exchange-traded cash equities and options.  An integral component of Mantara's expressWay™ high-speed, low-latency trading platform, expressWay RiskMaster™ empowers the trading community — from proprietary trading firms to sponsoring broker-dealers — to perform real-time pre-trade risk monitoring and control on trades across a broad spectrum of user-controlled variables, without impeding trading performance.

Identified as a core requirement of expressWay from the beginning, advanced risk management functionality was designed and architected into the system long before regulatory concerns over sponsored or 'naked access' became an industry focal point and under increasing SEC scrutiny.  With RiskMaster, high-velocity trading organizations and sponsoring broker-dealers can exercise effective risk controls minimizing exposure and providing greater transparency over trades while maintaining rapid access to market liquidity.  Designed to utilize the computational power of the newest generation of computer software and hardware, expressWay RiskMaster utilizes the speed of in-memory processing to achieve unprecedented performance results.

"While many agree with the merits of risk management, few are willing to trade the benefits of high-speed performance for comprehensive risk control," said David Gilbert, Ph.D., president and CEO of Mantara, a veteran risk management professional who has written and spoken widely on market, credit and operational risk issues.  "Convinced risk management was critical; expressWay was designed to manage a host of risk variables without sacrificing execution speed.  Through an innovative implementation exploiting today's technology advances, we have achieved sub-100 micro-second trade order through-put with real-time risk control for more than a dozen pre-trade checks that enforce limit controls and threshold alerts.  The result is the most comprehensive and lowest-latency vendor-supplied trading solution in the market."

With RiskMaster, firms are able to exercise risk measurement and control over a comprehensive array of variables that include: buying power limits, concentration limits such as sector and symbol by value and quantity at the trading firm, individual trader, or sub-group level. Sponsoring broker-dealers and risk administrators have the ability to monitor activity through the RiskMaster exposure blotter and users and risk managers are provided alerts at pre-determined levels. In addition, RiskMaster aids compliance with a range of regulatory requirements such as REG SHO, Wash Sales, and REG NMS on a pre-trade basis.

Fully integrated with expressWay, RiskMaster is available now and comes standard with the expressWay solution set.  

About Mantara

Headquartered in Jersey City, NJ, Mantara, Inc. is transforming securities trading worldwide through the development and delivery of integrated, low-latency, high-speed trading and analytics solutions. With its next-generation expressWay trading platform, Mantara is positioned for leadership in the financial trading technology markets. For more information on Mantara, visit www.mantara.com.

Mantara and expressWay are registered trademarks of Mantara, Inc. in the United States.

SOURCE Mantara, Inc.