Case Study: Moscow Exchange achieves rapid OTC derivatives trading, clearing and member risk analytics with FINCAD

Moscow Exchange Augments Services with FINCAD Risk Management

Moscow Exchange (MOEX), a top-20 global exchange and one of the few on‑exchange FX venues, needed a completely accurate, fully transparent analytics platform to launch OTC derivatives trading and clearing. After evaluating vendors, MOEX selected FINCAD’s F3 Platform (integrated with SoftWell’s Navigator post‑trade system) to support a wide range of OTC trades and to integrate with their post‑trade infrastructure.

FINCAD provided on‑demand derivative risk analytics via the F3 Platform and an Excel prototyping interface, with the FINCAD API/SDK integrated into SoftWell Navigator. The combined solution was production‑ready in five months and fully deployed in nine, attracted nine major banks to MOEX’s OTC Clearing Service, saved costs by avoiding a separate deal database, and enabled members to run fast risk computations for informed decisions while supporting swaps and planned expansion into FX and equity options.

Moscow Exchange

Roman Sulzhyk

Managing Director