CubeLogic has put out a series of announcements over the last couple of years signaling its broadening of focus beyond credit. These included the acquisition of FERDEC and a partnership with Numerix for advanced risk analytics, and much more. I recently talked with Ian Sloggett, sales director at the company to get an update. “Founded in 2009, CubeLogic is already more than 100 staff located in 6 offices with 45 customers across 6 industries,” he said. “While probably best known for credit risk historically, CubeLogic is now covering many areas of risk including market and regulatory risk and is expanding into other asset classes beyond commodities.” Its’ Riskcubed software provides a repository for all risk data along with calculations and analytics, workflow and data visualization, and reporting, he told me. “The solution provides event-driven real-time risk. It features alerting so that as say, a new deal is entered, everything is recalculated,” he said. It is also moving into providing Risk as a Service where the client provides the positions and CubeLogic provides back the results and it sees a lot of interest in that kind of service. It seems that CubeLogic is rapidly becoming a holistic risk overlay product that… continue reading
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