Kasikorn Securities Selects ICE for Enhanced Portfolio Analytics and Risk Management for Derivatives
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Insights
The partnership between Kasikorn Securities and Intercontinental Exchange, Inc. (ICE) signifies a strategic move in the financial services industry, particularly within the derivatives market. By leveraging ICE's Portfolio Analytics-Derivatives, Kasikorn Securities is positioning itself to enhance its competitive edge in pre-trade pricing and risk management. The integration of such a comprehensive derivatives solution into Kasikorn's order management system could streamline operations and potentially improve the accuracy of pricing models and risk valuation.
For investors, the adoption of advanced analytics and risk management tools by a financial services provider could translate into more sophisticated investment products and potentially better investment outcomes. This collaboration might also be indicative of a broader trend where financial institutions are increasingly relying on technology partnerships to meet complex regulatory and market demands. The long-term implications could include a more dynamic and responsive financial sector, where institutions can adapt more swiftly to market changes.
From a market research perspective, the announcement reflects the growing demand for derivatives analytics and risk management solutions in Asia Pacific. Kasikorn Securities' choice of ICE's services highlights the importance of cross-asset analytical solutions in today's financial markets. The ability to offer customized products around a variety of OTC derivative instruments could attract a diverse clientele seeking tailored investment strategies.
This move also suggests a potential shift in the competitive landscape, as regional players like Kasikorn Securities adopt tools that could traditionally be associated with larger, global firms. It could encourage other securities firms in the region to follow suit, leading to increased demand for similar services and possibly triggering a wave of technological advancements within the local financial sector.
Integrating ICE's derivatives solution into Kasikorn Securities' existing systems represents a significant enhancement in the firm's risk management capabilities. Access to ICE's extensive historical data and analytics covering multiple asset classes will allow for a more granular understanding of market risk. For stakeholders, this means that Kasikorn Securities may now be better equipped to manage and mitigate risks associated with complex financial instruments, such as exotic options and structured products.
Furthermore, the ability to provide indicative quotes with live market data is a substantial value-add, as it enables more informed decision-making for both the firm and its clients. The enhanced risk management processes could lead to improved compliance with regulatory standards and contribute to the overall stability of the financial system by reducing systemic risk.
"At Kasikorn Securities, we aim to deliver innovative and customer-centric financial services for our clients, and by working with ICE, we can deliver financial products that fit our clients’ market views with the pricing and analytics needed to make timely investment decisions,” said Yongyut Meepetchdee, Kasikorn Securities. “With ICE’s comprehensive derivatives solution, we can also help our clients with idea generation and customized product design around a variety of OTC derivative instruments, including exotic options, embedded in structured products originated by Kasikorn Securities.”
With access to ICE’s portfolio analytics application for derivatives, Kasikorn Securities can analyze holdings at both a single security and portfolio level, with data and analytics covering multiple asset classes. ICE’s derivatives solution will be integrated into Kasikorn’s order management system, and will assist in pre-trade price discovery, decision support tools, risk management and analytics across a wide range of asset classes and instruments.
“As firms look for new ways to serve the evolving needs of their customers, we are pleased to work with Kasikorn Securities to help them meet their clients’ trading, regulatory and risk management needs,” said Magnus Cattan, Head of Client Development,
For derivatives, ICE offers cross-asset analytical solutions, market data and valuation capabilities with more than 16 years of historical data. ICE’s derivatives valuation and analytics capabilities, which include access to pricing and analytics solutions for structured products and OTC positions, can help enable firms like Kasikorn to provide indicative quotes to clients with live market data and to measure the market risk of their investments.
For more information on ICE’s derivatives offerings, please visit: https://www.theice.com/market-data/pricing-and-analytics/derivatives
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming
Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024.
Category: Fixed Income and Data Services
SOURCE: Intercontinental Exchange
ICE-CORP
View source version on businesswire.com: https://www.businesswire.com/news/home/20240325411311/en/
ICE Media Contact
Isabella Bezzone
+1 212 748 3948
isabella.bezzone@ice.com
ICE Investor Relations Contact
Katia Gonzalez
+1 678 981 3882
katia.gonzalez@ice.com
Source: Intercontinental Exchange
FAQ
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