September 8, 2021 · News
Rival Systems Releases Real-Time Customer Portfolio Margin and Risk Based Haircuts
CHICAGO (September 8, 2021) – Rival Systems (Rival), an award-winning provider of trading and risk management software, today announced the addition of real-time Customer Portfolio Margin (CPM) and Risk Based Haircuts (RBH) to its enterprise risk platform. Rival’s fully hosted and managed solution is integrated with the OCC’s parameters and option valuations to accurately calculate margin based on start of day and current positions. Users can view real-time margin across all their accounts and set alerts to trigger when open, current or percent change in margin hit user defined thresholds.
“With unprecedented volatility levels in trending stocks and the move toward intraday margin calls, it’s critical for banks and traders to see margin requirements in real-time,” said Rob D’Arco, CEO of Rival Systems. “The new CPM and RBH calculations along with our existing futures margin functionality, provides clients with a consolidated view of their capital requirements across futures, equities and options.”
Rival is fully integrated with multiple clearing firms which significantly reduces the amount of time it takes to on-board new clients. For clients with a combination of Customer, Broker-Dealer, Firm and Market Maker accounts, Rival automatically calculates the appropriate CPM or RBH values based on the account type set by the clearing firm.
Rival Systems offers award-winning market data feed handlers, multi-asset trading capabilities, enterprise risk management, smart API for strategy development and top-of-the-line technology services. Rival’s proven speed and innovative, constantly evolving features empower firms to compete in today’s markets and get smarter with every trade. To learn more about Rival’s comprehensive solutions for market data, multi-asset trading, algorithmic strategy development and enterprise risk management please visit RivalSystems.com.