iSAM Securities RADAR risk management tool for brokers integrates with DXtrade
Broker technology provider Devexperts and liquidity and risk management specialist iSAM Securities have announced their integration connecting iSAM Securities’ proprietary risk management software, RADAR, to Devexperts’ flagship multi-asset trading platform, DXtrade.
iSAM Securities RADAR is a comprehensive risk management tool which allows clients to effectively manage trading activity in real-time through intraday monitoring of book performance and profitability. As a platform-agnostic product, it consolidates exposure across multiple servers and trading platforms to provide brokers with the ability to maintain an accurate and complete view of their exposure across A-Book and B-Book, and LP accounts.
The parties said that this integration between DXtrade and iSAM Securities RADAR will equip brokers and other financial institutions with vital tools for identifying sharp flow and maximize profits. Institutions licensing DXtrade will be able to access a comprehensive suite of advanced features to help them manage risk across diverse products and portfolios, while also identifying opportunities to enhance profitability.
Amongst the unique features available, RADAR’s aftermath analysis provides detailed investigation of trade profitability across pre- and post-execution periods. Brokers can optimize liquidity management and identify arbitrage, as well as categorize clients via smart automatic routing recommendations according to a custom risk score modelled against their risk thresholds.
DXtrade, which is available off-the-shelf in partly or fully customizable form, provides brokers and other financial institutions with a flexible interface, enabling direct client support; real time exposure management; and dealing settings configuration for client groups and instruments.
Dennis Weissert, Chief Commercial Officer at iSAM Apex, commented,
“It is crucial to provide brokers with a comprehensive view of their risk, therefore I am very glad we are now integrated with DXtrade. With our solutions clients can take advantage of innovative and market-leading tools to manage sharp flow and optimize their B-Book.”
Jon Light, Head of OTC Platform at Devexperts, said,
“iSAM Securities is widely respected for its market-leading risk management capabilities. We are really pleased to now be able to provide these directly via DXtrade, helping brokers and other financial institutions to effectively and efficiently manage risk and identify actionable opportunities to enhance performance and profitability.”
About iSAM Securities
iSAM Securities, regulated by the FCA, SFC, and CFTC, and CIMA registered, is a leading liquidity and technology provider, offering multi-asset liquidity, cutting-edge proprietary technology, prime services, and real-time risk analytics to institutional clients and trading venues globally. For further information, please visit isam-securities.com.
The iSAM Securities brand includes entities iSAM Securities (UK) Limited, iSAM Securities (HK) Limited, iSAM Securities (Global) Limited, iSAM Securities (USA) Inc., iSAM Securities (EU) Limited, iSAM Securities Limited.
About Devexperts
Devexperts has been developing software for the capital markets since 2002. The company’s flagship solution is DXtrade, a multi-asset platform for banks, brokerages, and wealth managers, serving customers across stocks, options, futures, ETFs, mutual bonds, FX, CFDs, and marguin and spot crypto. With headquarters in Ireland, Devexperts’ development team consists of 800+ engineers located in offices in the USA, Germany, Bulgaria, Singapore, Portugal, Turkey, and Georgia.