Risk monitoring framework from Aleri

Aleri announced the development of a Real-Time (RT) Risk Monitoring solution framework. The framework provides a template for rapid implementation of a customized, comprehensive solution for consolidating and managing credit and market risk.

Aleri’s RT Risk Monitoring solution provides consolidation and analysis of positions in real-time, which can help a firm identify unacceptable levels of exposure along a number of configurable dimensions, including counterparty, trader, asset class, region and industry sector.

The solution gives users the ability to determine the underlying cause of the concentration, right down to individual trades. Additionally, Aleri’s event-driven architecture allows for non-intrusive integration with existing systems, making it easy for firms to quickly move from end-of-day monitoring to immediate insight.

The solution leverages the Aleri CEP platform and provides immediate and continuous monitoring and analysis, eliminating the need to wait for overnight consolidation and batch computations. By extending the capabilities of the Aleri CEP technology with the Aleri Live OLAP server, users can analyze data at any level of aggregation across different dimensions. Hierarchies applied to each of the dimensions can specify how the data gets rolled up into aggregate values, with the ability to drill down all the way to the individual transaction level.