KGI Securities Singapore implements Scila Risk for collateral optimisation
11 June 2025 Singapore
Image: SeanPavonePhoto/stock.adobe.com
Southeast Asia-based financial services group, KGI Securities Singapore, has implemented Scila Risk within its Singaporean operations.
Scilia Risk is a modern, multi-asset risk management platform owned by risk and surveillance solutions provider Scila, and is designed to provide financial institutions with real-time insights, risk oversight, and optimised collateral efficiency.
The now implemented solution covers equities as well as equity, commodity and foreign exchange (FX) derivatives, and spot FX.
From this partnership with Scila, KGI says it is able to enhance efficiency, optimise collateral utilisation, and gain a competitive advantage in the dynamic world of global finance.
Scila Risk consolidates KGI's legacy systems for equities and derivatives trading into a single, multi-asset platform. It aims to provide calculations of risk exposure across all asset classes and is designed to be asset class agnostic.
KGI indicates that the solution will allow for a holistic view of its risk exposure, as well as unlock new levels of trading capacity and revenue potential.
Ken Ong, CEO of KGI Securities Singapore, comments: “With Scila Risk, we've gained a consolidated real-time view of our risk exposure, optimised our collateral utilisation, and unlocked new levels of trading capacity.
“This directly translates to improved collateral efficiency, freeing up capital for trading, and reduced costs, and ultimately, greater potential for revenue generation. The collaboration with Scila's expert team and their cutting-edge technology has been exceptional.”
Mikko Andersson, CEO of Scila, adds: “Our new risk management offering holds immense potential, not just for Scila as a company, but for how firms manage risk across the capital markets.
“The successful implementation of Scila Risk at KGI demonstrates the transformative impact our technology will have on risk management operations, particularly by consolidating legacy systems for different asset classes into a single, modern, true real-time solution.”
Scilia Risk is a modern, multi-asset risk management platform owned by risk and surveillance solutions provider Scila, and is designed to provide financial institutions with real-time insights, risk oversight, and optimised collateral efficiency.
The now implemented solution covers equities as well as equity, commodity and foreign exchange (FX) derivatives, and spot FX.
From this partnership with Scila, KGI says it is able to enhance efficiency, optimise collateral utilisation, and gain a competitive advantage in the dynamic world of global finance.
Scila Risk consolidates KGI's legacy systems for equities and derivatives trading into a single, multi-asset platform. It aims to provide calculations of risk exposure across all asset classes and is designed to be asset class agnostic.
KGI indicates that the solution will allow for a holistic view of its risk exposure, as well as unlock new levels of trading capacity and revenue potential.
Ken Ong, CEO of KGI Securities Singapore, comments: “With Scila Risk, we've gained a consolidated real-time view of our risk exposure, optimised our collateral utilisation, and unlocked new levels of trading capacity.
“This directly translates to improved collateral efficiency, freeing up capital for trading, and reduced costs, and ultimately, greater potential for revenue generation. The collaboration with Scila's expert team and their cutting-edge technology has been exceptional.”
Mikko Andersson, CEO of Scila, adds: “Our new risk management offering holds immense potential, not just for Scila as a company, but for how firms manage risk across the capital markets.
“The successful implementation of Scila Risk at KGI demonstrates the transformative impact our technology will have on risk management operations, particularly by consolidating legacy systems for different asset classes into a single, modern, true real-time solution.”
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