The inception of KRM22 Limits Manager addressed a critical industry challenge: consolidating the pre-trade limits and the processing of change requests from all trading systems via API or file into a single, streamlined SaaS application. When our first clients went live, Limits Manager served as a tool to centralise and record the approvals/rejections of pre-trade limit change requests within Limits Manager’s comprehensive audit trail.

The market’s response exceeded all expectations. In just two years, we welcomed eight additional Futures Commission Merchants (FCMs) to the platform, and interest continues to grow as more firms recognise the value Limits Manager delivers.

Logic-based workflows

Since its launch, Limits Manager has been transformed beyond its initial purpose. Today, it is revolutionising the way global execution teams and risk departments operate daily. In 2024, we released a logic-based workflow assignment feature designed to expedite and improve the approval process.

This feature allows users to assign specific criteria to determine the appropriate approval workflow for each limit change request. Examples include the ability to direct a request through a more rigorous approval process based on factors such as product type (e.g., Crypto), while applying less scrutiny to accounts in good financial standing or requests that reduce risk (e.g., decreases to order size). The logic-based workflow process ensures a critical limit change request receives immediate attention, while reducing time spent on routine requests. This functionality is driving risk departments to focus their attention where it matters most – material requests.

Seamless integration of real-time risk analytics

Additionally, we are proud to announce the integration of our post trade Risk Manager calculations into Limits Manager. Incorporating real-time P&L, margin, stress, and Value at Risk (VaR) metrics directly into the Limits Manager application allows trade support and risk teams to make data driven decisions for every limit change request. This ensures compliance with the global risk policies of each client. All critical information is seamlessly stored in Limits Manager’s comprehensive audit trail.

Maximizing efficiency without increasing overhead

Limits Manager is empowering our clients to enhance efficiency within their risk teams without adding personnel, helping capital markets firms work smarter, faster, and more effectively to meet the demands of a dynamic marketplace and satisfy internal and external regulatory and compliance requirements.