CubeLogik is creating a cloud-based one-stop-shop version of its CubeIntelligence platform for credit risk, market risk, liquidity management and regulatory compliance.
Headquartered in London, with representation in the US and Asia, CubeLogik was formerly an operating division of OpenLink, but is now a fully independent entity with management led by industry veterans David Priestley (pictured) and Lee Campbell.
Priestley says: “Market volatility, coupled with increasingly onerous regulatory changes, are driving the disciplines of credit risk, market risk and liquidity management closer together. Our clients require integrated, highly functional solutions that will sit on top of their trading and accounting systems. Our new cloud based offering will satisfy this urgent requirement and provide our users with a robust and secure risk reporting platform which can quickly and easily be adapted to accommodate changing market conditions."
Campbell says: “The ability to provide our proven, risk, liquidity management and regulatory compliance solutions in the Cloud was the next logical step for the business. With all firms under similar pressures to keeps costs under control, while remaining competitive in an unpredictable market, this new approach will significantly shorten implementation times, improve productivity, cut overall operating costs and position our clients at the forefront of best practice in the industry."
