Delivering Transparency in Margins and Risk Management
Margin in ~30 ms, VM and IM in real time, VaR and stress, the margin calendar projected to expiry, any book replayed 15 years back, and every limit governed end to end. Exchange-traded derivatives, equities, fixed income, FX and crypto on one engine, every methodology, numbers that reconcile to the cent.
etd · equities · fixed income · fx · crypto
Industry recognition
Recognised by the industry.
- 2025FOW International AwardsRisk Management Solution of the Year
- 2025Energy Risk AwardsInnovation of the Year, Technology
- 2024FOW Asia Pacific AwardsRisk Management Solution of the Year
- 2024Risk Technology AwardsCounterparty Risk Innovation of the Year
- 2023FIA Innovator AwardPeople's Choice
- 2023FOW International AwardsRisk Management Solution of the Year
- Native margin methodologies
- 20+
- Pre-trade margin response
- ~30 ms
- Exchanges covered
- 80+
- Portfolio PnL history
- 15 yrs
The platform
One engine, every methodology.
Margin, risk analytics, live monitoring and compliance — computed in the same pipeline, on the same submission, so there is no second source of truth.
SPAN · SPAN 2 · PRISMA · TIMS · ISDA SIMM · IRM 2 · JPX VaR · Euronext VaR · B3 COREExplore 10 more methodologies
Pre-trade, intraday and end-of-day — one engine, one number; the figure on the dashboard is the figure on the clearer's bill. See the full platform
new in v0.4.0 · Liquidity-at-Risk · read the full module
Who it serves
One platform, read four ways.
The same engine and the same numbers, arranged around four very different mornings.
Cumulus9 for Risk Managers
The margin you call from a client is the margin the CCP calls from you.
Margin, VaR, Expected Shortfall, stress and limits are computed for every client account on the same engine that reproduces the CCP call, so the desk spends its day on where a client could hurt the book, not on reconciling systems.
- What-if before you take the give-up. Stage a client order and get the margin delta per contract, per account and per CCP back in ~30 ms, so a fill that breaks the account limit never reaches your book.
- See which client moves the book. Incremental VaR by account and sector, plus a default-stress across the whole client book net of the collateral you hold, so a concentrated client surfaces before the shortfall lands on your capital.
Release history
Shipping at market speed.
One step-change a year since the first commit, from a margin engine to the platform the desk watches all day. Choose a release to read the story.
Margin becomes a treasury instrument: VM and IM in real time, liquidity-at-risk in one fundable number, an alerts workspace, a market data monitor with transparent pricing, an AI assistant that re-runs the real calculation, and single sign-on in one step.
- liquidity-at-risk
- market data monitor
- sso · alerts
Contact · request a demo
Run your book through it.
Bring us a portfolio and the scenarios that matter. We run it live, on your numbers — no commitment, and no data retention beyond the demo.
- Postal address
- 30 St. Mary Axe, London, EC3A 8BF
- Phone number
- +44 (0) 20 7205 4090
- info@cumulus9.com
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