Fuelled by new regulations, the complexity and number of pricing and risk calculations in investment banks are growing exponentially. Traditional systems in pricing and risk management are outdated. Leveraging on big data, cloud technologies and AI, ICA has built a highly efficient solution for derivatives faster to run, cheaper and lighter to implement and operate, that is deliverable through a SaaS solution or tailored to a client's specific needs via "special project".
ICA is a Capital Market Fintech that combines quantitative analysts with experts in new digital technologies. Together, they have developed a new generation solution to calculate prices and risk metrics for derivatives instruments in a fraction of the time and at a fraction of the cost, compared to traditional systems.
We adjust our solution to our clients' needs and specifics:
- Banks, keen to keep their own models and platform, use some of our expertise and technical modules based on big data, cloud
computing, AI, to modernise their legacy architecture.
- Banks interested in mutualisation to reduce costs further, will leverage our end-to-end derivatives pricing and risk solution (including quantitative models) delivered through a Software as a Service. In particular we have developed a fully comprehensive xVA solution and FRTB module. Complexity is hidden from users, implementation, maintenance and operational are outsourced, and costs are cut significantly while providing optimal performance on best practice pricing and risk methodologies.
- Other derivative users (corporates, asset managers, insurances…), consultants, auditors, risk/audit control departments have indirect needs (understanding prices made by banks, analysing /auditing balance sheet, …) and have only infrequent usage. Our fully packaged solution accessible immediately on pay as you go basis is an ideal solution.
ICA’s business model is based on usage, therefore making it attractive from the smallest users (including consultants) to the largest banks, and on a pay as you go: easy in (turn-key solution), no lock-in (pressure is on ICA to keep its clients happy... not captive!)
