Case Study: Japan Securities Clearing Corporation achieves rapid, accurate initial margin validation and interactive comparison reporting with icCube

Japan Securities Clearing Corporation - Customer Case Study

Japan Securities Clearing Corporation, Japan's leading clearing house, needed to validate cleared OTC derivatives initial margin data for its clearing members and their clients by comparing aggregated and detailed VaR P&L vector data from two risk systems (production and validation). They engaged icCube and its analytic/reporting platform—using icCube's configurable multiple data‑source support and programmable ETL to build analytic cubes and web‑based reports—to tackle validation, comparison and reporting requirements.

icCube implemented ETL-driven analytic cubes and a set of interactive web report templates so risk analysts can view, customize, interact with and export comparison reports directly in their browsers. As a result, critical initial margin data can now be validated quickly and discrepancies highlighted and investigated; analysts gain faster, browser-based access to comparison reports, and the project is providing Japan Securities Clearing Corporation with experience to pursue more advanced visualization, real‑time feeds and external data sharing using icCube.

Japan Securities Clearing Corporation