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