E-Mail 
Password 
MBRM
MBRM - MB Risk Management
29 Throgmorton Street
London EC2N 2AT
United Kingdom

Email: sales@mbrm.com
Phone: +44 20-7628 2007
Fax: +44 20-7628 2008

MBRM PRESS RELEASE
http://www.mbrm.com

Nov 1998

This leading edge system takes advantage of the latest technology to offer a multi-tier Client/Server Portfolio & Risk Management system. It is a multi-instrument, multi-currency, multi-book trading system. The system is an open and extendable system which enables the client to add new esoteric instruments and reports.

The Universal MBRM System integrates all our existing portfolio and risk management products (e.g. our FSS Universal Trading System, MBRM Exchange Traded Options System, UNIVSWAP - Universal Swap Add-in, UNIVVAR - Universal VaR Add-in). This will lead to many benefits, including the sharing of the same underlying data for volatilities and correlations. It will also save time and resources for our clients, since they will no longer need to integrate the various systems in-house, thus freeing the in-house resources to perform other required tasks.

The Universal MBRM System utilises the Universal Add-ins for the analytical engine. The analytics can be performed either locally or on a calculation server. The architecture is built around Windows 32 bit (i.e. Windows 95/98/NT) and any Windows compliant database (e.g. Microsoft SQL server, Sybase, Oracle).

The system is offered with a full range of services, including training, customisation and installation support. Full source code can also be provided, thus enabling total in-house control of the system.

The cost of the system depends on the modules required.

Extract from Risk Technology Weekly :

Pro Capital Deploys New MB Risk Server for Exotics Trading
System ties together MBRM risk modules, consolidates trade information in real time

Pro Capital in London is implementing the newly launched risk management server developed by MB Risk Management (MBRM), which links the risk vendor's risk modules already installed at Pro Capital into a real time, straight-through processing system. By consolidating all trade and product information on one server, the system provides Pro Capital risk managers, quantitative analysts and traders with the same basic pricing information in real time. The institution joins a long list of European financial institutions that are upgrading their trading and risk management systems in preparation for selling a whole range of structured products with the expected euro-related increase in cross-border business.

Pro Capital, a small capital markets firm, plans to use the system for interest rate and exotic equity, foreign exchange and fixed income products with multi-legged structures, says Oliver Froment, Pro Capital's managing director. "This is a flexible system that could be tailored for the small firms like us, or the larger trading houses. We selected MBRM after we wrote very detailed specifications, especially for order routing, and they produced a system that meets our needs."

The system's order routing technology grabs specific trade information and feeds it into a database in real time, which means the firm's traders can get a firm handle on P/L, commissions and other issues from the accounting software on the back end, Froment says. "This is a huge enterprise system that MBRM has designed. We are just starting to explore all the facets. It could easily handle a huge investment bank, and any additional instruments we may want to add."

With the new system, MBRM plans to leverage its broad-based clientele of financial institutions world-wide to jump into the field of enterprise-wide risk management, which is currently dominated by firms such as C*ATS, Algorithmics and Infinity, according to industry sources.

For the last couple of years, MBRM has been steadily turning out a series of relatively inexpensive risk management modules known as FSS Universal Trading System, MBRM Exchange Traded Options, MBRM Multi Asset Monte Carlo Analyzer, and Univswap. By pulling the modules together under the new server - Client/Server Portfolio & Risk Management - MBRM has created its Universal MBRM System, which provides the front and middle offices and interfaces with the back office.

"It will save time and resources for our clients, since they will no longer need to integrate the various systems in-house, thus freeing the in-house resources to perform other required tasks," says Mamdouh Barakat, managing director, MBRM.

The Universal MBRM System utilizes the Universal Add-ins for the analytical engine, he says. The analytics can be performed either locally or on a calculation server. The architecture is built around a Windows 32-bit environment or any Windows-compliant database, including Microsoft SQL server, Sybase or Oracle.

In addition, MBRM provides training, customization and installation support. Also, the vendor provides the source code, so a client's in-house staff can have total control of the technology development.

MBRM is known among industry risk analysts for its mass marketing approach to selling risk technology (See "GNI Opts for New MBRM Add-in as Swap Solution of the Future," Risk Technology Weekly, July 10). Its risk management and pricing modules combine highly accurate pricing and risk analytics housed in the Dynamic Link Library (DLL) Excel file. The pricing technology can be customized with a range of input information that allows the quantitative analyst, for example, to expand its over-the-counter (OTC) derivatives product line by adding data.

For further details, please contact our Sales Team

Previous [index] Next