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Eurex fosters transparency using cloud technology

Release date:
25 Mar 2019
| Eurex

Eurex fosters transparency using cloud technology

Eurex Clearing, one of the world’s leading central counterparties (CCP) and part of Deutsche Börse Group, extends the transparency of its real-time risk management Prisma based on cloud technology. As of 25 March, clients can simulate margin requirements for both exchange-traded derivatives (ETD) and over-the-counter (OTC) contracts, including cross-margining using Eurex’s Prisma Margin Estimator in Cloud (Cloud PME). 

“For a CCP, it is crucial to ensure transparency,” says Eurex Clearing’s Chief Risk Officer Thomas Laux. “We help our clients to better understand and simulate initial margin requirements for their existing as well as for hypothetical positions. This helps them to better assess potential impacts already before an order execution takes place.”

Cloud PME is a cloud-based service that is free of charge and accessible via any web browser’s Graphical User Interface (GUI) or via an application programming interface (API). Users can enter individual positions or portfolios directly into the GUI or upload them as a simple CSV file. The resulting margin can then be viewed directly in the GUI.

The service is part of Deutsche Börse Group’s strategic roadmap that fosters the use of new technologies to further enhance efficiency in the existing businesses.

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