iSAM Securities adds Surge – e-Forex
iSAM Securities has announced the addition of Surge to its technology suite, a product that is unique to the industry. Surge enhances the groups existing risk management platform, Radar, by introducing additional intelligent analytics to inform advanced automation for A- and B-book optimisation, and execution.
Surge’s features are designed and built to deliver meaningful insights and automation in every stage of brokers’ risk management workflow. Brokers can evaluate their LPs across various trading strategies and market conditions. The competitiveness of LP spreads and fill quality can be monitored through granular visibility into their performance, slippage attribution, and quote behaviour.
Dennis Weissert, Chief Commercial Officer, iSAM Apex, commented, “From speaking with our broker clients, friends in the industry and drawing on my personal experience on the desk it’s clear that the manual inefficiencies of daily workflows and limited access to information are a significant resource and financial drain for brokers. Even strong teams make mistakes and catch certain risk events too late. While these incidents may not heavily impact main offices, overnight desks face additional pressure. Surge streamlines book management so firms can capture spread revenue with far less manual intervention giving risk managers peace of mind and providing teams the freedom to pursue new avenues for profit.”
