Dresdner Kleinwort Wasserstein (DrKW) is deploying Tamesis' Risk Informer product to support its credit derivatives trading activities across the enterprise.
Tamesis' Risk Informer provides an up-to-date consolidated view across disparate systems, allowing position management, profit and loss (P&L) estimations and intra-day risk management for each unit within a firm's business.
The product delivers pricing and scenario analyses to front office and management staff and a trade capture function allows DrKW to turn around new products quickly and to include them as part of its aggregated risk and P&L estimations.
The selection followed a four-week pilot during which a subset of the bank's trades and analytics were integrated and the software was deployed on the desktop.
Marc Townsend, global business manager, credit trading, DrKW, says: "Consolidating risk and P&L is fundamental to the growth of our credit derivatives and securitisation business. We are expanding the instrument coverage within Risk Informer and will use its dynamic trade capture function to price, capture and manage our structured trades."