KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has launched in-house development Post Trade Risk Management System (RMS), replacing the earlier employed PSX’s system, NCCPL said in a statement on Thursday.
The new system empowers NCCPL and market participants to vigilantly implement and monitor risk management by linking various functions, such as exposure monitoring and collateral in the form of cash and securities, etc, through a single window operation.
“Moreover, for the facilitation of market participants, various new features that will add value in day to day operations have been added in NCCPLs RMS” said the NCCPL statement.
The release further stated that the NCCPL’s in-house RMS is based on latest technology in line with global standards and ensures secure access to market participants.
NCCPL affirmed that it remains cognizant to the crucial role of upholding sanctity of trades entrusted by the Regulator and Capital Market Stakeholders.
Published in Dawn, August 10th, 2018
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