Q&A: Tackling pre-trade risk
November 1, 2015  Wall Street Letter

Hyannis Port Research (HPR) has recently announced a new version of its flagship pre-trade risk solution, Riskbot. WSL catches up with CEO Tony Amicangioli to discuss details and why trading firms need the right technology that can identify bad trades before they become a problem.

WALL STREET LETTER (WSL): Tell us about HPR and your pre-trade risk solution Riskbot?

TONY AMICANGIOLI (TA): Hyannis Port research was founded in 2011, primarily in response to the new Market Access Regulation (15c3-5). However, our charter was to become the number one provider of market access equipment, wherever the opportunities may be. Our current offering, Riskbot, is a complete Market Access and Pre-trade risk gateway, designed to provide a complete solution for any trading entity accessing the equity markets. The system is comprised of two major components: Riskbot G4, an FPGA gateway appliance that monitors trading traffic at the various exchanges, and the M5 Risk management enterprise application that provides a number of features such as portfolio risk controls, kill-switch functionality and latency measurement, just to name a few.