Early bird launch of ARMS-as-a-service
The service initially targets small to medium size funds and hedge funds that currently do not have sufficient in-house IT resources, and have the need for full-scale risk- and performance calculation capabilities. Algorithmica is establishing a risk service API for the use within other service provider’s offerings using the same subscription based pricing model as if running the software in-house.
“Automated third-party fair valuation also fall under the range of services provided by the ARMS-as-a-Service concept”, says Robert Thorén, Head of Risk Solutions.
Going forward, Algorithmica will roll-out calculation capabilities for insurance companies in need of standard Solvency II reporting as well as standard regulatory FRTB reporting for small to mid-size banks. ARMS interface support for FpML and FIX transaction- and position delivery will be available soon.
For more information about ARMS-as-a-Service please contact Sales +46 8 440 4400 or firstname.lastname@example.org.