Buy-Side Technology Awards 2014: Best Broker-Supplied Tool/Technology—UBS Delta
It would be an understatement to say UBS has been out in front with beefy, client-facing technology capacity lately. Its multi-asset Neo liquidity aggregation portal was a winner in this summer’s Waters Rankings, and enhancements to UBS Delta’s risk engine, including improved overnight indexed swap (OIS) curves, counterparty analytics, on-demand reporting, multi-asset risk, volatility derivatives, and limited price inflation (LPI) swap calculations all reflect the Swiss bank’s dedication to the platform, backed by 40 developers devoted to its evolution.
Doubtless, much of UBS Delta’s intellectual property can be traced back to the bank’s own technology and experience in the markets. However, it has also done fine work this year finding partners to team up with on specific problems related to counterparty risk. For example, in October came news that UBS Delta would work with specialist consultancy Quaternion Risk Management Limited on credit and debt valuation adjustment (CVA/DVA) analytics and reporting. Quaternion’s risk engine and complex analytics are now live on the platform. A similar deal was struck with Morningstar in April to help asset management clients cope with Solvency II solvency capital requirements (SCRs).
With risk modeling, performance and attribution, and risk reporting functions all now included, UBS Delta successfully onboarded 10 new clients this year, bringing its sum to about 100 firms and 2,000 users. That former number might seem modest, but look closer: It includes the UK’s largest corporate pension plan, one of Europe’s few $40 billion-plus hedge funds, and a prominent family office in the bank’s home country.
While one emerging theme throughout buy-side technology today has been to target the smaller shops—there are more of them, after all—UBS Delta can boast of effectively doing the opposite, and doing it extremely well.
With risk modeling, performance and attribution, and risk reporting functions all now included, UBS Delta successfully onboarded 10 new clients this year, bringing its sum to about 100 firms and 2,000 users.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2024: Technology innovator of the year (vendor)—Christy Bremner, SS&C Technologies
Christy Bremner, senior vice president, Institutional & Investment Management (I&IM) division at SS&C Technologies, wins technology innovator of the year (vendor) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: EDM professional of the year—Neslihan Yegul, S&P Global Market Intelligence
Neslihan Yegul, vice president, head of EDM and thinkFolio at S&P Global Market Intelligence, wins EDM professional of the year in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Technology innovator of the year (end-user)—Laura Hamilton, Bank of America
Laura Hamilton, global head of corporate treasury, credit risk, climate risk, and financial forecasting technology at Bank of America, wins technology innovator of the year (end-user) in the 2024 Women in Technology and Data Awards.
Witad Awards 2024: Vendor professional of the year (data and operations)—Joanna Davies, OSTTRA
Joanna Davies, head of trade processing at OSTTRA, wins vendor professional of the year (data and operations) in the 2024 Women in Technology and Data Awards.
Sell-Side Technology Awards 2024: Best sell-side front-office platform—Bloomberg
Product: Bloomberg TOMS
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Deutsche Börse democratizes data with Marketplace offering
- Waters Wavelength Podcast: Broadridge’s Joseph Lo on GPTs