Nasdaq’s Risk Platform has its first client in Asia, Kiatnakin Phatra Securities in Thailand. The platform offers real-time risk monitoring, decision support, and scalability during market volatility.
Nasdaq Secures First Client in Asia
Nasdaq has achieved a major milestone by securing its first client in Asia, Kiatnakin Phatra Securities (KKPS) in Thailand, for its Risk Platform. This platform offers real-time risk monitoring and decision-making support for financial institutions, aiming to modernize Thailand’s financial services ecosystem. The cloud-based service will allow KKPS to swiftly onboard and focus on its core strategy, while also enabling quick scalability during market volatility.
Key Takeaways
The partnership between Nasdaq and KKPS represents a significant step in the modernization of Thailand’s financial services ecosystem. The Risk Platform provides real-time risk monitoring and control, giving financial institutions a competitive advantage and the ability to navigate complex markets with precision. The collaboration aims to set a new standard for innovation in risk management, leveraging cloud-based technology to enhance value for clients and stakeholders.
Nasdaq Risk Platform
The Nasdaq Risk Platform is a widely used tool by financial institutions worldwide, offering a real-time view of risk in both proprietary and client trading portfolios. It enables detailed analytics to aid in decision-making and can quickly scale during market volatility with live stress testing and essential risk management capability. This platform delivers new functionality to all clients every three weeks, allowing for more agile business development cycles compared to traditional on-premises software installations.