Leonteq, a Swiss provider of structured products, has implemented ActiveViam’s Atoti platform to manage Market Risk Capital Charges under the Standardized Approach of the Fundamental Review of the Trading Book (SA-FRTB). The Atoti solution is now Leonteq’s designated FRTB reporting tool for the Swiss Financial Market Supervisory Authority (FINMA).
Switzerland initiated FRTB for its banking sector on January 1, 2025, with FINMA recently expanding its scope to include Leonteq. Facing these regulatory deadlines, Leonteq undertook an evaluation of potential vendors for a solution that could integrate with its existing pricing engines. Following this assessment, Atoti was selected.
The Atoti platform offers dashboards and preconfigured reports designed to meet FINMA’s requirements, alongside analytics aligned with ISDA Unit Tests. It also provides additional functionalities such as what-if analysis and capital decomposition. Leonteq collaborated with ActiveViam’s customer success team, achieving production readiness within six months. The speed of implementation, supported by ActiveViam’s prior deployment experience, was a significant factor in Leonteq’s decision.
Eric Schaanning, Chief Risk Officer of Leonteq, stated, “We have successfully implemented ActiveViam FRTB in a very short period. This enables us to efficiently control and report FRTB capital charges while providing enhanced drill-down capabilities. Both front office traders and risk controllers can seamlessly analyze figures at various levels. The solution brings improved oversight, transparency, and adaptability to our internal processes.”
Shelly Magee, CEO of ActiveViam, commented, “We are delighted to expand our partnership with Leonteq with a long-term commitment to support their FRTB reporting. This was a challenging, ultra-quick deployment of Atoti for FRTB demonstrating our ongoing commitment to deliver on our promise to simplify the deployment and reporting of FRTB.”
ActiveViam provides real-time, multidimensional risk analytics for capital markets, offering institutions precise real-time and historical analysis for trading, risk, and treasury management decisions. Its Atoti platform can serve as a universal semantic layer or provide pre-packaged solutions for regulations and risk metrics. Leonteq operates as a Swiss fintech company with a marketplace for structured investment solutions, offering derivative products and services, and enabling other financial institutions to produce capital-efficient pension products. Leonteq has offices in 13 countries and is listed on the SIX Swiss Exchange.
