London based prime-of-prime broker and liquidity solutions provider iSAM Securities has announced the addition of Surge to its technology suite, a product that is unique to the industry.
Surge enhances the group’s existing risk management platform, Radar, by introducing additional intelligent analytics to inform advanced automation for A- and B-book optimisation, and execution.
Surge’s features are designed and built to deliver meaningful insights and automation in every stage of brokers’ risk management workflow:
- Client Analytics
- Client Classification
- Book Optimisation
- A-Book > LP Analytics & Book Switching Automation
- B-Book > Price Construction & Execution
LP Analytics
Brokers can evaluate their LPs across various trading strategies and market conditions. The competitiveness of LP spreads and fill quality can be monitored through granular visibility into their performance, slippage attribution, and quote behaviour.
Client Classification
Brokers receive expert routing rules to classify clients based on user-defined risk models, and are able to have these changes automatically applied to their bridge.
Book Switching Automation
Brokers can execute systematic hedging strategies by defining rule-based execution parameters, offset exposure in real time, and dynamically manage their risk whilst keeping full control over routing and position adjustments.
Dennis Weissert, Chief Commercial Officer, iSAM Apex, commented,
“From speaking with our broker clients, friends in the industry — and drawing on my personal experience on the desk — it’s clear that the manual inefficiencies of daily workflows and limited access to information are a significant resource and financial drain for brokers. Even strong teams make mistakes and catch certain risk events too late. While these incidents may not heavily impact main offices, overnight desks face additional pressure.
Surge streamlines book management so firms can capture spread revenue with far less manual intervention — giving risk managers peace of mind and providing teams the freedom to pursue new avenues for profit.”
To find out more about Surge, contact the team info@isam-securities.com.
About iSAM Securities
iSAM Securities, regulated by the FCA, SFC, and CIMA registered, is a leading algorithmic trading firm and trusted electronic market maker, providing liquidity, cutting-edge proprietary technology, prime services, and real-time risk analytics to institutional clients and trading venues globally.
The iSAM Securities brand includes iSAM Securities (UK) Limited, iSAM Securities (EU) Limited, iSAM Securities (HK) Limited, iSAM Securities (Global) Limited, iSAM Securities Limited and iSAM Securities (USA) Inc.
