Scila Risk Replaces Legacy Systems at KGI, Enabling Real-Time Multi-Asset Risk and Collateral Optimization

Scila Risk Replaces Legacy Systems at KGI, Enabling Real-Time Multi-Asset Risk and Collateral Optimization

(IN BRIEF) KGI Securities Singapore has launched Scila Risk—a unified multi-asset risk management platform—to replace its separate equities and derivatives systems. The solution provides real-time exposure calculations, collateral optimization, and scenario analysis for equities, derivatives, and FX. CEO Ken Ong praised the enhanced visibility, cost savings, and increased trading capacity enabled by the consolidated platform. Scila CEO Mikko Andersson emphasized the platform’s transformative impact on risk operations, underscoring Scila Risk’s asset-agnostic architecture and scalability for global financial institutions.

(PRESS RELEASE) STOCKHOLM, 12-Jun-2025 — /EuropaWire/ — Scila AB today announced that KGI Securities Singapore (KGI) has fully deployed Scila Risk across its Singapore operations, replacing two legacy risk systems with a single, real-time, multi-asset platform for equities, equity and commodity derivatives, FX derivatives, and Spot FX. As a key participant on the Singapore Exchange (SGX), KGI can now consolidate risk calculations and collateral management across all instruments, enhancing operational efficiency and unlocking new trading capacity.

Scila Risk’s unified architecture delivers up-to-the-second exposure metrics, “what-if” simulations, and advanced “time-warp” analysis across diverse market models and geographies. By migrating to this asset-class-agnostic solution, KGI gains a holistic view of its risk profile, optimizes collateral usage, and reduces system complexity—all critical advantages in today’s fast-moving financial markets.

“Implementing Scila Risk has transformed our risk framework,” said Ken Ong, CEO of KGI Securities Singapore. “We now enjoy a consolidated, real-time understanding of our exposure, improved collateral efficiency, and greater trading flexibility, which together lower costs and drive revenue potential. Scila’s team and technology have been outstanding partners throughout this process.”

“Scila Risk exemplifies our commitment to innovation,” added Mikko Andersson, CEO of Scila. “By consolidating legacy risk engines into one true real-time solution, we empower firms like KGI to manage risk more proactively and scalably. This deployment highlights how our platform can redefine risk operations across the capital markets.”

About KGI Securities
KGI Securities is a leading financial services group in Southeast Asia with a strong presence in brokerage, investment banking, asset management, and wealth management. With roots in Taiwan and a growing international network spanning across Singapore, Hong Kong, Thailand, Indonesia, and beyond, KGI Securities provides a wide range of financial products and services to retail, institutional, and corporate clients. As one of the top trading firms on the Singapore Exchange (SGX), KGI Securities is committed to delivering innovative solutions and exceptional service to its clients. For further information, please visit www.kgieworld.sg

About Scila
Scila AB is a leading provider of innovative risk management and trade surveillance solutions for markets of all types. Founded in Stockholm in 2008, Scila is committed to delivering cutting-edge technology that empowers marketplaces, regulators, and market participants to manage risk effectively and ensure market integrity. Scila offers two flagship solutions: Scila Surveillance, a globally renowned market surveillance offering, and Scila Risk, a modern multi-asset risk management platform. Scila’s solutions are built on a foundation of trust, integrity, and agility, enabling seamless integration and flexible adaptation to meet evolving market needs. For further information, please visit www.scila.se

About Scila Risk
Scila Risk is a modern, multi-asset risk management platform designed to provide financial institutions with real-time insights, superior risk oversight, and optimized collateral efficiency. Built upon Scila’s extensive experience in high-performance trade surveillance, Scila Risk offers a unified solution for managing risk across a wide range of asset classes, including equities, fixed income, derivatives, commodities, and currencies. The platform’s architecture enables seamless integration and adaptation.

Key features and advantages of Scila Risk include:

• True real-time risk management: Unlike traditional systems that rely on end-of-day batch processing, Scila Risk provides up-to-the-second risk calculations and position limits monitoring. This enables proactive decision-making and immediate response to market events.
• Unified multi-asset capabilities: Scila Risk consolidates risk management for all asset classes into a single platform, eliminating the need for multiple, disparate systems. This provides a holistic view of risk and streamlines operations.
• Superior collateral optimization: By providing a comprehensive view of risk across all holdings, Scila Risk enables firms to optimize collateral utilization, freeing up capital for trading and increasing revenue potential.
• Advanced technology & scalability: Built on a microservices architecture, Scila Risk leverages Scila’s core, high-performance big data technology. This foundational technology is proven to process billions of transactions per day and seamlessly integrates with existing systems via open APIs, enabling Scila Risk to offer robust scalability.
• Sandbox capabilities: The Sandbox environment enables backtesting, and hypotheticals and facilitates research into new models and methods.
• Integrated risk and surveillance (optional addition): Scila Risk benefits from being developed by a market leader in trade surveillance. While offered as separate solutions, the shared technology foundation offers the potential for close integration between risk management and surveillance, providing a unique advantage in detecting and preventing market abuse.

Scila Risk is built upon Scila’s proven track record of handling massive transaction volumes. Since 2008, Scila has developed solutions capable of processing and analyzing vast amounts of data in real-time, with individual implementations handling over 150 billion transactions in a single trading day. This experience, combined with Scila’s expertise in risk and surveillance, makes Scila Risk a powerful and reliable solution for the modern financial landscape. The successful implementation at KGI Securities in Singapore marks a significant milestone and validates Scila Risk’s capability to transform multi-asset risk management for leading financial institutions worldwide.

Media Contact:

Imran Majid
Streets Consulting
imran.majid@streetsconsulting.com
+44 (0) 7908 157 945

SOURCE: Scila