Identify and unleash valuable arbitrage opportunities
FIRMAMENT is an integrated suite of trading and risk management applications that covers the full life-cycle of a wide range of tradable instrument types.
- Financial institutions are more involved in credit derivatives than ever before making the management of credit risk ever more challenging
- Escalating credit volumes and the breadth of new instruments traded have driven operational costs and risks significantly
- Organisations are seeking an open solution capable of handling a broad range of products to reduce costs, manage risk, and take advantage of arbitrage opportunities
Lombard Risk provides FIRMAMENT, a component-based, single platform, enterprise-wide solution that covers the entire life cycle of products from pricing, deal capture, risk management, processing, reporting and ISDA compliant documentation, front to back, across a wide range of credit types. Firmament operates as a stand-alone application, or as a straight-through processing, enterprise-wide business solution.
FIRMAMENT allows you to manage credit risk enterprise-wide and cut the costs of market data maintenance by a significant margin. The benefits derived from using FIRMAMENT include:
- Handle increasing trade volumes and user numbers
- Cope with an increasing diversity of tradable credit types
- Help control operational risks
- Manage risk efficiently
- Enable internal auditing, aiding compliance