JUNE 2019 – Tokyo – Numerical Technologies is delighted to announce that Japan Securities Finance Co., Ltd. (“JSF”) has selected our NtInsight® for Market Risk and we have jointly developed their new Market Risk system.
Due to the increase in their portfolios, JSF was considering an update to their previous Market Risk system. In order to increase efficiency, our newly developed Market Risk system includes not only Market Risk calculation (VaR, Backtesting, Stress testing, etc) but also the loss amount in the P/L statement to illustrate the impact on periodic income. Amongst existing solutions on the market, JSF valued our hands-on knowledge and experience in both business logic and system expertise, as we have been serving other Japanese clients for the past 20 years.
Throughout the process of developing the new Market Risk system, we liaised and worked closely with JSF’s risk management and information systems planning departments. With the intent of reducing the implementation period, we proposed and initiated a prototyping strategy for ETL development. Coupled with the usage of Amazon Web Services infrastructure, this helped to shorten the overall project timeline without any compromise in quality. Our tailored implementation approach ensured that JSF was able to migrate to the new system quickly with minimal disruption.
