zonar
Risk management
Assessing risk and anchoring it firmly to within acceptable limits demands a certain transparence within the risk management
system. An immediate understanding of the present position and of market fluctuations is essential to the calculations of
the risk manager.
A unique feature of Zonar is that all management levels have access to the same analytical tools. This helps to close the
gap between traders and high-level risk managers and eliminates time-consuming reconciliation of risk figures. New instruments
need only be entered once, thus eliminating the common time lag caused by entering instruments in multiple systems and ensuring
that important risks are not being ignored in the meantime. With a common platform covering all major asset classes, Zonar
can satisfy risk management needs across trading functions and throughout your operations. Real-time portfolio updates are
available to all users, which translates into instantaneous risk management, wherever a trade is executed. Zonar contains
advanced reports both in terms of simple Greeks but also more advanced reporting. One unique feature of the risk module
is its ability to create versatile reports based on any past of future date.
Breakdown of risk
Risk can be broken down and analyzed to pinpoint exact exposure. This can be done in a variety of ways the most simple being
sector risk according tithe GICS® classification but more advanced breakdowns of indexes according to their constituents
is possible. The latter being relevant when the portfolio consists of index options and futures.
Market risk
Sonar's integrated functionality allows combined management of Sector, spread risk, equity and FX exposure. Examples of
tools include various sensitivity reports, what-if analyses, a hedge calculator and extensive simulation capabilities. With
a streamlined risk management operation spanning entire trading operations, users of Zonar are guaranteed maximum control
of their business, while curing consistency headaches.
