Rival Systems Expands Real-Time Risk Monitoring with New Alerting Capabilities

CHICAGO--(BUSINESS WIRE)--Rival Systems today announced new alerting capabilities within Rival Risk that give users greater control over how they monitor, prioritize and respond to real-time risk events across their trading accounts.

The new functionality allows users to create sophisticated, multi-condition alerts based on the real-time account and risk data available in Rival Risk. Users can assign custom severity levels to alerts and automatically publish notifications to designated personnel, helping ensure that the right people are informed when specific risk conditions occur.

A new alert dashboard provides a centralized view of triggered alerts, allowing risk teams to quickly identify active issues, monitor alert activity and drill directly into the underlying account information. From an alert, users can move into the real-time account view and perform custom scenario analysis to better understand the potential impact of the condition and evaluate how changes in the portfolio could affect risk.

"Risk teams need more than a notification when something changes—they need the context to understand what happened and determine what to do next," said Rob D’Arco, CEO of Rival Systems. "The new alerting capabilities pull all of the critical pieces of information together. You can define exactly what you want to monitor, determine how important it is, notify the right people, and then go straight into the account and run scenarios to understand the situation."

Key capabilities include:

• Multi-condition alerts: Create alerts using multiple account, position and risk conditions rather than relying on a single threshold.
• Custom severity levels: Assign severity to alerts based on the potential significance of the event.
• Targeted notifications: Publish alert notifications to designated personnel so critical events reach the appropriate members of the organization.
• Alert dashboard: Monitor triggered alerts through a centralized dashboard with visibility into alert status and activity.
• Real-time account drill-down: Quickly move from a triggered alert into the underlying account and current risk information.
• Custom scenario analysis: Analyze the potential impact of market moves or portfolio changes directly from the account view.
• Real-time monitoring: Evaluate conditions using continuously updated account, position and risk data.

The new capabilities extend Rival Risk's real-time approach to enterprise risk management by connecting monitoring, notification and analysis in a single workflow. Rather than requiring users to identify a potential issue in one system and then move to another application to investigate it, Rival Risk allows users to move directly from an alert to the account and perform additional analysis.

About Rival Systems

Rival Systems provides enterprise trading and risk management solutions for broker-dealers, FCMs, proprietary trading firms, hedge funds, and other institutional market participants. Its flagship products, Rival One and Rival Risk, provide comprehensive trading, risk management, and analytics across futures, options, equities, fixed income, foreign exchange, and digital assets.