December 15, 2022 · Press Releases
Rival Systems Add Support for Eurex, Euronext, HKEX and SGX to its Enterprise Risk Platform, Rival Risk
Chicago, IL (December 15, 2022) – Rival Systems (Rival), a leading provider of trading and risk management software, has announced expanded market data coverage to support Eurex, Euronext, Hong Kong Exchange (HKEX) and Singapore Exchange (SGX) in their enterprise risk management platform, Rival Risk. Adding support for additional exchanges in Europe and Asia helps Rival Risk clients expand into new markets and improve overall risk operations.
“Adding support for Eurex, Euronext, HKEX and SGX is a big step in achieving our goal of providing a comprehensive market risk solution for clients to monitor real-time risk across all the products and exchanges they trade. All too often the lack of risk management capabilities restricts clients from expanding their trading operation into new markets. With our fully hosted solution and seamless integration with major clearing firms and global exchanges, the ability to easily monitor risk becomes an asset and can enable growth for our clients,” explains Rob D’Arco, CEO of Rival Systems.
Over the next few months Rival will continue to expand its market coverage to more exchanges in Europe and Asia as well as add support for additional products.
Rival Risk provides clients with an accurate real-time view of their P&L, risk metrics, and margin across all their accounts. Clients can also run customized price and volatility scenarios, calculate VaR and set real-time alerts. In addition, Rival’s proprietary pricing model and volatility fitting algorithms accurately calculate option theoretical and implied future prices even in illiquid markets.
About Rival Systems
Rival Systems launched in 2015 as an ecosystem of enterprise trading and risk management solutions. 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.