GlobalRisk founder Steve Probst talks with JLN about the evolving nature of risk and technology

John Lothian

John Lothian

Executive Chairman and CEO

JLN spoke with Steve Probst, GlobalRisk founder and inventor of the GlobalRisk Platform, at the OIC Conference in Nashville in April. He discussed the risks his customers need to manage, and how GlobalRisk is evolving to meet their needs. 

Probst started GlobalRisk in 1991, to serve the needs of market makers on the floor. As the market technology evolved, GlobalRisk customers became brokerage firms, futures commission merchants, or larger independent brokers. Customers use GlobalRisk technology to analyze a complex portfolio and bring it into one unified space. “The CFTC as a regulator is using this technology to do the stress testing and such as mandated by Dodd-Frank,” Probst said. Customers are also using GlobalRisk to manage risk in the credit default swap and credit cryptocurrency arenas, among others.

JLN asked Steve Probst these questions:

What is the history of GlobalRisk?
Who are the customers of GlobalRisk?
What risks are there with event contracts?
What risks are they trying to manage?
What other risk management opportunities are you seeing?
Do you manage risks for credit default swaps?
Do you manage risk for credit crypto currency?


The Hedge Funds That Changed the Game

The Hedge Funds That Changed the Game

First Read Hits & Takes John Lothian & JLN Staff The second story in the Leads section from Bloomberg is titled "Why Making Computer Chips Has Become a New Global Arms Race." The story hit a nerve with me, but misses a key point. While it is very important for...

We visit more than 100 financial news websites daily (Would YOU do that?)

The Spread

Todays  Options Newsletter

Yield-Crazed Day Traders Pony Up for ‘169%’ Option-Income ETFs

Observations & Insight From Open Outcry to Electronic Trading: Andy Tan's Journey Through the Evolving World of Finance Andy Tan was interviewed by Robert Lothian of John Lothian News at the SGX Center in Singapore for the Open Outcry Traders...

Now Read This

Pin It on Pinterest

Share This Story