Orchestrade: The Future of Trading and Risk Management

The paradigm shifts in the functioning of banks and financial services institutions over the last few years have brought about a new way to manage trading and risks. The traditional risk management systems lack trading capabilities across different asset classes—equities, derivatives, FX, and commodities—as they were initially designed for one asset class. With tremendous changes in the technology, financial institutions today are demanding more robust and lightweight risk management systems. Based in San Mateo, CA, Orchestrade was born out of this realization, to keep up with the changing fintech market, where financial institutions are required to implement modern cross-asset, front-to-back trading, and risk management platform to deliver superior performance and a reduced total cost of ownership, in a short time span. “We are a disruptive fintech company challenging the current status quo in trading and risk management technology,” says Pierre Kovacs, COO, UK, Orchestrade.

Kovacs opines that the biggest challenges for financial institutions today are the increasing cost and decreasing margins. Institutions often struggle to gain an aggregated view of risks and operations across assets as the current setting has fragmented systems for multiple assets. Orchestrade simplifies this using their risk management framework with real-time, event-driven architecture capability. Additionally, to extract data out of these systems in a modular format, the Orchestrade platform enables users to retrieve the data in pivot grid, with drag and drop, in a layout that is easy to understand and implements risk analytics to make informed decisions for banks and investment managers. “Modern technology, simple and transparent architecture can be a game changer for everybody, from turnkey solution to highly customized environments,” explains Kovacs.

Furthermore, Orchestrade provides its clients a shared package, with default settings, default workflow, and risk analytics.