Sucden Extends Nasdaq Risk Technology Partnership

Broker-dealer Sucden Financial has announced the extension of its risk technology partnership with Nasdaq, a move the firm says will further enhance its ability to monitor, manage, and mitigate market and liquidity risk globally.

Sucden Financial uses the Nasdaq Risk Platform across proprietary and client trading portfolios, using the live view of risk, detailed analytics, and live derivative pricing to support real-time decision-making. The extended agreement will integrate additional safeguards and controls into the system whilst expanding the platform’s coverage across new exchanges in Europe, North America, and Asia.

“We prioritise effective risk management across our operations,” says Mark Coomber, chief risk officer at Sucden Financial. “We are happy to extend our partnership with Nasdaq and continue enhancing the platform, which helps manage our market and liquidity risks across multiple asset classes in real-time.”

Malcolm Warne, head of product for the Nasdaq Risk Platform, adds, “In an ever more volatile environment, the ability to calculate risk in real-time serves as a great competitive advantage, unlocking overnight liquidity, improving capital efficiency, and reducing the financial burden of legacy risk systems. By offering a fully managed service our clients can focus on business expansion and risk management, rather than operating risk infrastructure.”