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Devexperts, the Irish-headquartered software developer for capital markets, has integrated iSAM Securities' proprietary risk management software Radar with its flagship multi-asset trading platform DXtrade.
The integration enables brokers and financial institutions using DXtrade to access real-time risk management capabilities through iSAM Securities' platform-agnostic tool, which consolidates exposure across multiple servers and trading platforms.
iSAM Securities Radar provides intraday monitoring of book performance and profitability, allowing brokers to maintain visibility of their exposure across A-Book and B-Book operations, as well as liquidity provider accounts. The system offers aftermath analysis for detailed investigation of trade profitability across pre- and post-execution periods.
The risk management platform enables brokers to optimise liquidity management, identify arbitrage opportunities, and categorise clients through automatic routing recommendations based on custom risk scores modelled against their risk thresholds.
DXtrade, available in customisable formats, provides brokers with real-time exposure management, dealing settings configuration for client groups and instruments, and direct client support capabilities.
Dennis Weissert, Chief Commercial Officer at iSAM Apex
Dennis Weissert, Chief Commercial Officer at iSAM Apex, commented: “It is crucial to provide brokers with a comprehensive view of their risk, therefore I am very glad we are now integrated with DXtrade. With our solutions clients can take advantage of innovative and market-leading tools to manage sharp flow and optimise their B-Book.”
Jon Light, Head of OTC Platform at Devexperts
Jon Light, Head of OTC Platform at Devexperts, said: "iSAM Securities is widely respected for its market-leading risk management capabilities. We are really pleased to now be able to provide these directly via DXtrade, helping brokers and other financial institutions to effectively and efficiently manage risk and identify actionable opportunities to enhance performance and profitability."
iSAM Securities, regulated by the FCA, SFC, CFTC, and CIMA registered, is a liquidity and technology provider offering multi-asset liquidity, proprietary technology, prime services, and real-time risk analytics to institutional clients and trading venues globally.
Devexperts has been developing software for the capital markets since 2002. The company's flagship solution DXtrade serves customers across stocks, options, futures, ETFs, mutual bonds, FX, CFDs, and margin and spot crypto. With headquarters in Ireland, Devexperts' development team consists of 800+ engineers located in offices across the USA, Germany, Bulgaria, Singapore, Portugal, Turkey, and Georgia.
