iSAM Securities’ New Risk Management Tool Allows Brokers to Optimise A- and B-Booking

iSAM Securities announced today (Thursday) the launch of its new solution, Surge, which will allow brokers to automate their risk management workflow. The company highlighted that the new tool will be an addition to its existing risk management platform, Radar.

New Tool to Optimise Brokers’ Operations

The features of the new tool include client analytics, client classification, and book optimisation, meaning brokers can either A-book or B-book the flow.

The company launched the new tool only a month after introducing a risk-sharing programme that gives broker clients daily updates on how their trading flow performs, addressing long-standing opacity issues in the sector.

“From speaking with our broker clients, friends in the industry — and drawing on my personal experience on the desk — it’s clear that the manual inefficiencies of daily workflows and limited access to information are a significant resource and financial drain for brokers,” said Dennis Weissert, Chief Commercial Officer, iSAM Apex.

He emphasised that “even strong teams make mistakes and catch certain risk events too late. While these incidents may not heavily impact main offices, overnight desks face additional pressure.”

Giving Control to Brokers

The announcement detailed that the new tool will allow brokers to evaluate their LPs across various trading strategies and market conditions. They can also monitor the competitiveness of LP spreads and fill quality.

Brokers will receive expert routing rules to classify clients based on user-defined risk models, with these changes automatically applied to their bridge. They can also execute systemic hedging strategies by defining rule-based execution parameters, offset exposure in real time, and dynamically manage their risk.

“Surge streamlines book management so firms can capture spread revenue with far less manual intervention — giving risk managers peace of mind and providing teams with the freedom to pursue new avenues for profit,” Weissert added.

Meanwhile, iSAM's UK unit reported £27 million in turnover for 2024, down from £31.6 million the previous year. However, post-tax profits rose 55 per cent to £9.6 million, suggesting the firm is focusing on higher-margin products like Parallax rather than pure volume growth.

The group company also opened new offices in Cyprus and Hong Kong.

Read more on iSAM:

• iSAM Securities Opens Limassol Office to Support Retail Trading Infrastructure
• iSAM Securities UK Unit’s Revenue Falls 11% as Trading Environment Weakens
• iSAM Securities Bolsters MENA Team by Hiring Aaron Brown from IXO Prime