The GoRisk platform is an ASP-based service which combines GlobeOp’s service offerings with Palo Alto, California-based Application Networks’ JRisk trading and risk management product suite.
Vernon Barback, GlobeOp president, explained: This platform integrates and addresses the specific needs of the buy-side community, providing an advanced real-time view of risk across all asset classes as an easy to deploy ASP.
GlobeOp said its GoRisk provides a single real-time platform that supports asset classes such as fixed income, credit and equity derivatives, mortgages, foreign exchange and hybrids. It will also include access to pricing models, analytics and reference and market data from various third-party vendors.