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ASX Hires Razor For Risk Management
ASX Group has appointed Razor Risk Technologies for exchange risk management technology.
ASX Grouphas appointedRazor Risk Technologiesfor exchange risk management technology,Bobsguidereports. Razor will help the Australian exchange group to calculate daily routine margins for clearing participants and boosting central counterparty risk controls via cash market margining.
ASX’s integrated clearing house risk management system already utilizes Razor’s functionality. The adaptation of the latest upgraded version of Razor will enhance ASX’s speed and performance without making alteration in infrastructure.
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