Risk Management Server and Front-end

Risk Management Server

Risk Management Server (RMS) and Risk Management Front-end (RMFE) work together to provide risk control and market management functionality. RMS is responsible for real-time calculation of multi-currency account position values, P&L, buying power and risk exposure and real-time. RMS works in concert with Order Management System and Market Data Distribution System to provide zero-latency risk check, capture orders, trades and market data updates. RMS calculates risk values in real-time, saves them in the database, and, optionally,  publishes via RMCast channels.

OMS-RMS tandem checks incoming order based on order originator account Risk Limit Profile:

• is the account active and allowed to trade?
• is the account allowed to trade particular instrument?
• is order size within allowed limits?
• is position size within allows limits (if order is executed)?
• if this is a short sell, is short sell allowed?
• does account have sufficient buying power for this order to be executed?
• is order limit price within allowed limits?

RMS and RMFE implement the schedules, policies and management facilities for:

• legal entities (trading firms, brokers, FCMs)
• accounts and account groups
• instruments and instrument groups
• system users (logins)
• FIX sessions management
• risk limits profiles and risk control policies
• real-time buying power calculations
• margin policies
• commissions policies
• real-time risk check
• matching algorithm policies
• market schedules
• real-time order flow, trades and positions monitoring
• trade and positions adjustments
• FX conversion rates
• account funding
• account, user, legal entity market access control: enable trading, disable trading, move to liquidation only mode
• alerts/notifications

RMS is written on C++ for optimal performance and portability. Source code licenses are available.

Read more about RMFE features….