1. News
March 26, 2024

Kasikorn Securities to improve portfolio analytics and risk management for derivatives with ICE

By leveraging ICE’s portfolio analytics application for derivatives, Kasikorn Securities will analyse holdings at single security and portfolio level, with data and analytics covering multiple asset classes

Kasikorn Securities, a part of Thailand-based financial services provider Kasikorn Bank Group, has selected Intercontinental Exchange (ICE) to enhance its portfolio analytics and risk management for derivatives.

Through the partnership, Kasikorn Securities will leverage ICE’s portfolio analytics-derivatives for pre-trade pricing, analytics, and post-trade risk management.

ICE said that Kasikorn Securities will analyse holdings at single security and portfolio level, with data and analytics covering multiple asset classes.

Kasikorn Securities Yongyut Meepetchdee said: “At Kasikorn Securities, we aim to deliver innovative and customer-centric financial services for our clients, and by working with ICE, we can deliver financial products that fit our clients’ market views with the pricing and analytics needed to make timely investment decisions.

“With ICE’s comprehensive derivatives solution, we can also help our clients with idea generation and customised product design around a variety of OTC derivative instruments, including exotic options, embedded in structured products originated by Kasikorn Securities.”

According to ICE, its derivatives solution will be integrated into Kasikorn Securities’ order management system.

This will help the firm in decision support tools, pre-trade price discovery, risk management, and analytics across a various spectrum of asset classes and instruments.

ICE’s derivatives valuation and analytics offerings comprise access to pricing and analytics solutions for structured products and over the counter (OTC) positions.

These will facilitate organisations like Kasikorn Securities to offer indicative quotes to customers with live market data and to measure the market risk of their investments, said the company.

ICE Asia Pacific client development head Magnus Cattan said: “As firms look for new ways to serve the evolving needs of their customers, we are pleased to work with Kasikorn Securities to help them meet their clients’ trading, regulatory and risk management needs.

“With our suite of derivatives services, we’re able to provide firms like Kasikorn with a one-stop-shop for clients’ derivatives needs, from pre-trade pricing and analytics tools to measuring and managing post-trade risk.”