CHICAGO, June 7, 2011 /PRNewswire/ -- RTS Realtime Systems Group, a leading global trading solutions provider, today announced the introduction of RTD GUARD, a fully hosted, multi-layer risk management offering. Operating on an open FIX-based connectivity model, the comprehensive solution is "platform neutral," enabling industry participants to integrate the offering with a variety of other systems and manage risk across asset classes on more than 130 exchange venues globally.
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RTD GUARD, or the Granular Universal Asset Risk Decision system, can help firms comply with the new and developing regulations in the United States as part of the Dodd-Frank Act and in Europe under Mifid II, RTS officials said. It offers real-time, pre- and post-trade centralized risk controls on multiple layers.
Alexander Lamb, RTS Executive Board Member, said: "We've received tremendous positive feedback from clients on the speed, openness and global scope of our low latency risk management offering. As firms are learning more about the pre-execution risk management regulatory requirements under development, as well as recognizing the importance of prudent controls they can put in place across markets and borders, we believe our open RTD GUARD solution will hold great appeal on a stand-alone basis. We can seamlessly integrate for these firms a multi-layer solution for all of the markets they trade globally and all of the users they support, without compromising speed."
A key feature of the system includes the ability to deploy multiple layers of risk control at the exchange connectivity level, the network level and the client access level. The global order book control applies to front-end trading platforms and algorithmic trading engines.
The open architecture of RTD GUARD enables the FIX-compatible system to integrate not only with third-party and proprietary trading platforms but also with other components of the trade flow cycle, including internal and external passive risk evaluation and monitoring systems; event audit trail data from firms' existing risk management and compliance software; back-office uploads and downloads, and critical functions such as cost analysis systems.
The pre-execution risk management system offers low latency risk control that includes credit limits and ensures accuracy while adding, at most, no more than a few milliseconds -- substantially faster than other risk management systems RTS clients have tested, Lamb said. Firms can impose risk limits down to the most granular level -- per client, account, user and instrument -- and can control and monitor these from any location. The system includes high-performance client account management with risk controls for both brokerage and proprietary businesses.
About RTS Realtime Systems Group
RTS (www.rtsgroup.net) delivers high-performance, end-to-end technology products and services across asset classes and continents to elite financial institutions. The firm is one of the world's leading providers of ultra-low latency, high frequency, robust algorithmic trading solutions. RTS offers standardized low latency connectivity gateways to 130+ exchanges and execution venues worldwide. In addition, the firm provides proximity hosting and co-location services for high-speed, ultra-low latency access to 65+ venues via its global data center network. RTS has offices in Amsterdam, Chicago, Frankfurt, Hong Kong, London, Mumbai, New York, Singapore and Sydney.
SOURCE RTS Realtime Systems Group
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