SG Corporate & Investment Banking (SG CIB) has deployed Application Networks' trading and risk management technology, JRisk, to support its FX options business.
The JRisk system has been implemented in Paris and rolled out globally.
It is being used by traders, risk managers and middle office staff and provides official economic and accounting P&L information, risk analysis and scenario simulations, real time risk and position management and VaR.
The software also delivers valuation reporting for customers. All vanilla and exotic forex options are supported.
Richard Giltner, global head of FX options at SG CIB, says: "The new solution provides us with mission critical analysis for our trading and risk management activities enabling us to run our business more effectively."