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KGI Securities Singapore has implemented Scila Risk as its new real-time risk management platform, consolidating its legacy systems for equities and derivatives into a single solution that spans equities, equity derivatives, commodity derivatives, FX derivatives, and spot FX.
The announcement was made by Scila AB, the provider of the solution, which specializes in surveillance and risk systems for capital markets. KGI is now operating the platform fully across its Singapore operations, including its activities on the Singapore Exchange.
Real-time view of our risk exposure, optimized collateral utilization, and new levels of trading capacity
Ken Ong, CEO of KGI Securities Singapore, commented, “We’re proud to be at the forefront of adopting innovative technology that fundamentally enhances our risk management capabilities and drives our business forward. With Scila Risk, we’ve gained a consolidated real-time view of our risk exposure, optimized our collateral utilization, and unlocked new levels of trading capacity. This directly translates to improved collateral efficiency, freeing up capital for trading, and reduced costs, and ultimately, greater potential for revenue generation. The collaboration with Scila’s expert team and their cutting-edge technology has been exceptional.”
Scila Risk enables real-time monitoring and risk calculations across asset classes within a unified system. The platform was designed to be asset-class agnostic and supports a wide range of instruments, market models, and regions. It introduces functionalities such as “time warp” analysis and “what-if” simulations, giving users the ability to assess potential market scenarios and make proactive decisions based on current exposure.
KGI’s move consolidates previously separate systems into one environment, allowing for a more integrated view of risk. This approach improves operational efficiency and allows for a more agile response to changing market conditions. Scila Risk is positioned as a scalable and flexible infrastructure that can meet evolving regulatory and market demands.
Mikko Andersson, CEO of Scila, commented, “At Scila, we’re driven by a passion for innovation and a commitment to delivering cutting-edge solutions that address the evolving needs of our clients. Our new risk management offering holds immense potential, not just for Scila as a company, but for how firms manage risk across the capital markets. The successful implementation of Scila Risk at KGI demonstrates the transformative impact our technology will have on risk management operations, particularly by consolidating legacy systems for different asset classes into a single, modern, true real-time solution.”
KGI Securities operates across multiple asset classes and is a recognized participant in Southeast Asia’s capital markets. The adoption of Scila Risk signals a shift toward modernized infrastructure that provides consolidated visibility across trading activities and enhances capital efficiency.
