Horizon Suite for Risk Management Users in Banking and Hedge Funds

Having access to the same quality data as used by the front office enables risk management personnel to verify trade prices and to check the accuracy of some of the analysis carried out by the traders as wellas conduct other risk simulations.

Horizon is the product name of a suite of software products designed and built by Derivative Trading Systems (“DTS”) to provide state of the art analytics and financial market data to customers that work in the risk management areas of financial institutions including banks, hedge funds, insurance companies, institutional investors and corporate organizations.

The Horizon products that will be of interest to risk management professionals are as follows:

Horizon Premium

Our graphic program that is designed to be used by all users in banking. Some examples include:

To test the validity of trading opportunities based on historical data;
To look at the risk of trading strategies based on yield curve anomalies.

Open Horizon

Download Horizon data into Excel © for further analysis using the extremely powerful Graph Definition Dialogue.

Use our data to test and verify the trades carried out by front office users.
Download the Horizon data to use for mark to market or for VAR analysis.

Horizon Direct

This is the light client version of Horizon Premium that accesses data from one of the DTS data servers via the internet. Ideal for home office users and those that are traveling away from the office and need to take Horizon with them.

Horizon COM

For our more sophisticated users and others that like to write their own applications in C and C++ or to interface our quality data with applications like Matlab ©.

Horizon is not a replacement for other real-time market data applications but has traditionally been used to complement those other applications in the front office. For risk management as wellas middle and back office users. the need for quality static data is potentially more important than having access to real-time market data. In many cases it is also important to have more than one source of the same data. Our data is often used as a way to verify other data sources.

Some of the main reasons that Horizon has been chosen by our risk management users are as follows:

Horizon has one of the most extensive and accurate historical market rate databases. To see an up-to-date list of our historical data follow click on horizon database.

One of the most powerful aspects of the Horizon suite of products is the highly powerful and flexible Graph Definition Dialogue (“GDD”). The GDD gives the user the ability to easily create simple data expressions all the way up to the most complicated data analysis expressions. All without the need to write complex computer code.

The quality of the data is highly regarded by our customers who tend to be very loyal to our Horizon application even though they may have other real-time data applications that also provide some of the data they need to access. When you are analyzing data there is no substitute for quality information. We recommend that you read some of our customer testimonials.

Unlike some of the competition, DTS has a reputation for being very responsive to users requests for data anomalies to be investigated. On the rare occasions that we or one of our customers finds data problems, we investigate them immediately and correct them if appropriate. We then send the corrections out to our users on a timely basis as we know how important accurate data is to our users.

As well as all the normal data analytical functions, Horizon has a range of analytical functions that are not available in other applications. Some of these are based on the extensive database of value added market data that is distributed with the Horizon database. Some examples of these functions can be seen by accessing the following link to our on-line demonstrations. If you are already a registered user you can view a full set of our on-line demonstrations here. If you would like to register to be able to view the full set of demonstrations please go to the registration link.