Asymmetric and volatility margining for risk offset

G - Physics – 06 – Q

Patent

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G06Q 40/06 (2012.01)

Patent

CA 2698196

A system and method for analyzing, administering and managing risk for portfolio including at least one product having substantially asymmetric risk exposures is disclosed. The system and method includes determining a first margin for a first position associated with a financial product, wherein the financial product represents an event having disparate risk positions, and determining a second margin for a second position associated with the financial product, wherein the second margin is related to the first margin as an exponential function. The system and method further include calculating a cash flow according to the first margin for the first position and the second margin for the second position.

L'invention porte sur un système et sur un procédé pour analyser, administrer et gérer un risque pour un portefeuille comprenant au moins un produit présentant des expositions au risque sensiblement asymétriques. Le système et le procédé comprennent la détermination d'une première marge pour une première position associée à un produit financier, le produit financier représentant un événement présentant des positions de risque disparates, et la détermination d'une seconde marge pour une seconde position associée au produit financier, la seconde marge étant apparentée à la première marge en tant que fonction exponentielle. Le système et le procédé comprennent en outre le calcul d'un flux monétaire selon la première marge pour la première position et la seconde marge pour la seconde position.

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