# Nasdaq Expands Risk Platform into Thailand

- Link: https://www.thailand-business-news.com/markets/126243-nasdaq-expands-risk-platform-into-thailand
- Published: 2024-02-13T13:51:43+07:00
- Author: SiamNews PR

Nasdaq has secured its first client in Asia, Kiatnakin Phatra Securities (KKPS) 
in Thailand, for its Risk Platform.

This platform provides real-time risk monitoring and decision-making support for
financial institutions. The partnership reflects Nasdaq’s role in modernizing Thailand’s
financial services ecosystem. The cloud-based service will allow KKPS to swiftly
onboard and focus on its core strategy, while also enabling quick scalability during
market volatility.

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## Key Takeaways

 * Nasdaq’s Risk Platform has secured its first client in Asia, Kiatnakin Phatra
   Securities, marking a significant milestone in the modernization of Thailand’s
   financial services ecosystem.
 * The platform provides real-time risk monitoring and control for financial institutions,
   offering a competitive advantage and the ability to navigate complex markets 
   with precision and insight.
 * The partnership between Nasdaq and KKPS aims to set a new standard for innovation
   in risk management, leveraging cloud-based technology to enhance value for clients
   and stakeholders.

The [Nasdaq ](https://www.nasdaq.com/)Risk Platform is a widely used tool by financial
institutions worldwide. It offers a real-time view of risk in both proprietary and
client trading portfolios, along with detailed analytics to aid in decision-making.
With the increasing market volumes and participation, it is crucial to embrace more
advanced risk management practices and tools.

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The platform can quickly scale during market volatility, with live stress testing
and essential risk management capability. New functionality is delivered to all 
clients every three weeks, enabling more agile business development cycles compared
to traditional on-premises software installations.

Source : [Nasdaq](https://www.nasdaq.com/press-release/nasdaq-expands-bank-and-broker-dealer-risk-platform-into-asia-2024-02-12)