Designed as a cross-asset platform for risk and regulatory compliance calculations, FM Converge constitutes a standalone solution for FRTB SA and FRTB-IMA compliance. The micro-service architecture of the system enables implementations with minimum impact on the existing system landscape.
FM Converge provides a comprehensive set of models and risk factors, Expected Shortfall calculations by Liquidity Horizon, P/L attributions and Back-Testing. The solution is suitable for FRTB IMA compliance and features exclusive tools to simulate an optimum desk structure. Client libraries and scenarios can be easily integrated and operated from the system, if required.