IRIS Description

The IRIS workflow addresses the global concern of managing active counterparty credit risk by encompassing various processes from the acquisition of trading data to the re-booking of trades, which includes tasks like curve stripping, consistent pricing, an extensive aggregation module, the computation of hedge requirements, and the analysis of What-if scenarios. It is designed as a parallel distributed application that optimally leverages multi-core systems for efficient performance. Additionally, an HPC solution utilizing GPU and multicore processors is available to enhance the speed of pricing and Greeks computations. A significant design objective is the capability to integrate IRIS engines seamlessly into existing complex systems. Utilizing the .NET development framework facilitates interoperability and compatibility with other programming languages. IRIS also fully supports FpML and various market data providers such as Reuters, Bloomberg, and Markit, which guarantees smooth integration of data streams. Furthermore, the internal data within IRIS is completely accessible, allowing for comprehensive auditing of computation details, which adds an extra layer of transparency and trust in the system's outputs. Overall, the IRIS workflow is a robust solution for modern credit risk management challenges.

Integrations

API:
Yes, IRIS has an API
No Integrations at this time

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Company Details

Company:
Global Market Solutions
Year Founded:
2010
Headquarters:
France
Website:
www.globms.net/products/iris/

Media

IRIS Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
In Person
Customer Support
Business Hours
Online Support

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