Toronto, April 8, 2022 — Riskfuel, an innovative technology company developing ML tools to accelerate derivatives valuation, and ActiveViam, a global software provider in the financial services industry specialized in in-memory BI analytics applications have decided to join their efforts and sign a partnership in order to provide front-office and risk analytics teams with accurate, granular and real-time risk analytics. Fast pricing and risk calculations delivered by Riskfuel’s AI-powered technology coupled with ActiveViam’s in-memory aggregation will help to solve challenges of exotics pricing, xVA and stress testing.
“Fast models are just one piece of the risk puzzle”, said Riskfuel CEO Ryan Ferguson. “In order to get the most out of accelerated models you also need meaningful aggregations in real-time. We see ActiveViam’s analytics platform as an obvious destination for the data produced by our accelerated models, delivering real-time insights to traders and risk management.”
According to Kathy Perrotte, ActiveVIAM CEO, “the partnership between Riskfuel and ActiveViam is a natural fit of complementary technology. The collaboration will bring benefits to users of Riskfuel’s advanced pricing engine technologies by allowing sophisticated real time analytics and simulations to be integrated in a single, flexible BI platform.”
Riskfuel is transforming market risk management for banks and insurance companies. Risk calculations that normally take hours or days can now be completed in seconds, giving Riskfuel clients full insight into their risk at all times.
For more information, visit Riskfuel.com
ActiveViam was founded in 2005 and has deployed analytical solutions to help financial services firms make instantaneous business decisions and meet operational challenges. With a comprehensive offering of analytics and data science products based on in-memory technology and expert-designed user interfaces, ActiveViam’s clients achieve a unique level of precision, speed, and adaptability.
For more information visit www.activeviam.com.