September 14, 2023 · Press Releases
Rival Systems Announces Support for Spot FX Markets in its Award-Winning Risk Solution, Rival Risk
Chicago, IL (September 12, 2023) – Rival Systems (Rival), a leading provider of trading and risk management software, has announced support for Spot FX markets in its enterprise risk management solution, Rival Risk. This latest initiative is part of Rival’s ongoing commitment to broaden functionality and support across all asset classes.
Rival Risk is renowned for its multi-asset support, encompassing equities, futures, options, bonds, and cryptocurrencies. The inclusion of Spot FX markets enriches this comprehensive solution, catering to proprietary trading firms, banks engaged in clearing Spot FX, and corporations seeking to hedge FX exposure and manage risk. Existing Rival Risk users can seamlessly incorporate Spot FX markets into their portfolios.
“We’re committed to delivering a leading-edge ecosystem of trading and risk management products that streamline the investment and risk management process. Adding support for Spot FX markets to Rival Risk is the latest step in our journey.” -Rob D’Arco, CEO of Rival Systems.
Rival’s fully hosted solution pulls in start-of-the-day positions, intraday trade feeds, and Spot FX market data, allowing users to analyze risk across accounts in real-time from every angle.
- View real-time P&L.
- Run user-defined shocks to see how changes in FX rates affect your portfolio.
- Analyze your net exposure across your futures, options, Spot FX, and cash bond positions.
- View correlated VaR analysis across currency pairs to facilitate hedging and meet risk targets.
Rival has received the prestigious honor of being voted Best Market Risk Solutions Provider in the 2022 and 2023 Waters Rankings. This recognition underscores Rival’s status as the preferred choice for market risk solutions, reinforcing their dedication to delivering top-tier financial technology solutions to the industry.
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.