InnovestX Adopts ICE Platform for Risk Analytics

InnovestX will use the IPA platform of ICE to enhance the degree of valuation accuracy, automation, and risk analytics.

Intercontinental Exchange (ICE) has been implemented on Portfolio Analytics (IPA) by InnovestX Securities, which is a Thai brokerage company and a subsidiary of SCBX, to develop its risk analytics and risk management functions considerably. According to the statement made by ICE, the platform will facilitate the expansion of InnovestX and its portfolio of structured products to be priced correctly and enhance better oversight.

InnovestX CIO Payon Pongsawaree indicated that the company is focused on providing smooth access to investment opportunities around the world via the application of technology and transparency. He mentioned that the ICE IPA solution will enhance operational performance and assist in the scaling of the structured products business of the organization, as well as refine the risk analytics across asset classes.

The IPA platform by ICE offers one system to do pre-trade pricing, intraday analytics, lifecycle management, and constant market data. The tools will empower the activities of InnovestX to provide more accurate valuations and strengthen client decision-making with sophisticated risk analytics.

Christy Chan, the Head of Client Development for APAC at ICE Data Services, believes that the company is well-positioned to assist InnovestX in expanding within the Southeast Asian region. The growth of ICE features such as streaming data and pricing tools, together with on-screen risk insights, is more transparent and efficient for issuers and investors alike.

The system combines market data, analytics, and intraday risk tools that enable companies to track exposure and coordinate complex products better. ICE's technology aims to enhance risk analytics and accelerate the development of rapidly changing markets.

The alliance is a major move in the direction that InnovestX has embarked on in an attempt to develop data-driven investing and expand its footprint in Thailand.