Wedbush Securities Partners with Rival Systems
In a strategic move, Wedbush Securities, a prominent financial services provider, has made a significant decision to adopt cutting-edge technology from Rival Systems. This collaboration aims to enhance the monitoring of client trading activities on Coinbase Derivatives around the clock. By implementing Rival Risk, Wedbush Securities is set to ensure that its clients experience seamless and efficient trading support at any hour of the day.
The Need for Continuous Trading Support
As the trading landscape evolves, the need for continuous and reliable service becomes increasingly critical. With clients looking for 24/7 trading capabilities, Wedbush Securities acknowledges the importance of having robust risk management systems in place. Bob Fitzsimmons, EVP and Co-Head of Multi-Asset Clearing and Prime Services at Wedbush Securities, emphasizes the necessity of offering continuous real-time risk management. This advancement aims to provide a dependable safety net, allowing clients the flexibility to navigate through these fast-paced markets with confidence.
Benefits of Rival Risk Technology
Rival Systems has designed its technology specifically to meet the demands of a constantly active trading environment. This ensures that firms like Wedbush can effectively manage risks without interruption, protecting their operational integrity. As more trading platforms adopt continuous trading methodologies, having access to a reliable risk management system is not just advantageous, but essential.
Commitment to Client Success
Rob D'Arco, CEO of Rival Systems, expresses enthusiasm about the partnership with Wedbush Securities. He highlights how this collaboration represents a proactive approach to adapting to market changes. With the shift toward 24/7 trading gaining momentum, Rival aims to provide systems that deliver accurate and timely information, allowing firms to manage their risks effectively without downtime.
About Rival Systems
Founded in 2015, Rival Systems specializes in providing high-quality trading software and risk management solutions tailored for sophisticated market participants. Their prominent products, such as Rival One and Rival Risk, cater to brokers and proprietary trading firms globally. With user-friendly interfaces, advanced analytics, and powerful APIs, Rival Systems ensures that firms can customize their trading workflows seamlessly while integrating them within their existing technologies. The focus on performance and client service empowers firms to operate confidently in complex market environments.
About Wedbush Securities
Wedbush Securities stands as the largest subsidiary of Wedbush Financial Services, renowned for its extensive history since 1955. The firm is dedicated to delivering a comprehensive array of services, including securities brokerage, clearing, wealth management, and investment banking. Among these offerings, Wedbush Futures has emerged as a leading Futures Commission Merchant (FCM) in the U.S., particularly in servicing professional traders and introducing brokers. With its headquarters in Los Angeles and a team of nearly 900 professionals across 100 locations, Wedbush Securities maintains a commitment to innovative solutions and excellent client service in the financial sector.
Frequently Asked Questions
What is the purpose of Wedbush Securities' partnership with Rival Systems?
The partnership aims to enhance live monitoring and risk management for clients trading 24/7 on Coinbase Derivatives.
How does Rival Risk benefit clients of Wedbush Securities?
Rival Risk enables continuous trading support, providing seamless risk management and monitoring services round the clock.
Why is continuous trading support important?
As trading moves toward 24/7 operations, effective risk management becomes crucial for ensuring client safety and operational efficiency.
What services does Wedbush Futures offer?
Wedbush Futures specializes in clearing and financing services for professional traders and introducing brokers, enhancing market engagement.
When was Rival Systems founded?
Rival Systems was founded in 2015 and has quickly established itself as a key player in trading and risk management software.
