EverixEverix

IFR/IFD · EU Regulation 2019/2033

K-factors. Daily.
Without the complexity.

Risk-to-Client, Risk-to-Market, and Risk-to-Firm factors — computed daily, reported monthly. Pre-trade what-if, limits and alerts, and guided implementation from day one.

app.everix.io/risk/ifrifd/k-factors
K-Factors · As of 2024-01-15EOM: 12 days
K-TCD
OK
2,841,500
56.8%
K-CON
OK
1,204,000
24.1%
K-NPR
WARN
1,134,000
91.2%
K-CMG
OK
482,000
38.6%
K-COH
OK
215,000
21.5%
K-RtC
K-RtM
K-RtF
EOM
What-if
Guided

Regulatory Coverage

All three factor families. All asset classes.

Listed and OTC derivatives — commodities, interest rates, FX. Netting and hedging effects properly captured. Methodological choices guided.

Risk-to-Market (RtM) Factors

K-NPR for uncleared portfolios; K-CMG for cleared or margined portfolios. Automatic replication of trades into elementary positions for proper netting within bands, as required by EBA.

K-NPR by Asset Class (EUR k)

K-NPR Total
1,134k EUR
Largest
IR · 36%
Limit utilisation
91.2%
K-NPR unclearedK-CMG clearedEBA netting bandsTrade replicationHedging effects

Risk-to-Clients (RtC)

6M
depth
9M
depth
15M
depth
  • K-COH — client orders handled
  • IR derivatives duration-adjusted
  • Arithmetic avg of daily volumes
  • All trades in scope

Risk-to-Firms (RtF)

K-TCD
Default risk
K-CON
Concentration
  • RC + PFE per counterparty
  • SA-CCR or internal model PFE
  • Netting with collateral & CSA
  • Daily concentration monitoring

Reporting & Limits

Monthly EOM.
Daily limits. Live alerts.

Monthly regulatory filings generated automatically. Client-specific dashboards for risk management and executives. Auditing workflow for every result.

EOM filingMonthly regulatory reports to authorities, auto-generated
DashboardsClient-specific views for risk management and executives
Audit trailFull auditing workflow — who changed what and when
AlertsLimit breach notifications for trading and compliance
EOM Regulatory Filings
PeriodFiledDateFlags
Oct 2023✓ Filed2023-11-15Clean
Nov 2023✓ Filed2023-12-15Clean
Dec 2023✓ Filed2024-01-151 flag
Jan 2024Pending2024-02-15—
Limit Utilisation — As of 2024-01-15
K-factorLimitCurrentUtil.
K-NPR1,240k1,134k91%
K-TCD5,000k2,842k57%
K-CON5,000k1,204k24%

What-if Analysis

Know the capital impact before you trade.

Simulate any trade, book, or market scenario and see its effect on K-factors instantly. Run from the Everix UI or via the Risk API from your front-office system.

Pre-trade

Single Trade Impact

  • K-NPR, K-TCD, K-CON delta
  • Incremental capital cost
  • Best counterparty routing
Portfolio

Book Simulation

  • Simulate groups or full book
  • New + modified + cancelled trades
  • Aggregate K-factor impact
Stress

Market What-if

  • Combine with market data bumps
  • Rate, FX, spread shocks
  • Regulatory stress scenarios
API

Front-office Integration

  • Connect via Everix Risk API
  • Run what-if from your OMS/EMS
  • Real-time capital pre-screening

Consolidate Risks

VaR and IM
in the same picture.

Plug in your own VaR model or compute it in Everix. Ready for ISDA SIMM™ or schedule method Initial Margin. Fully compatible with internal model approval workflows.

Own VaRPlug your existing VaR model directly, or compute in Everix
SIMMReady for ISDA SIMM™ or schedule method IM
ScenariosForecast, stress tests and extreme scenarios
ApprovalFully compatible with internal model approval workflows
RISK INPUTSVaR ModelOwn model or EverixISDA SIMM™or Schedule methodEverix IFR/IFD EngineK-RtC · K-RtM · K-RtFK-FACTORSK-TCDK-CONK-NPRK-COHEOM ReportRisk API

Related Solutions

XVA

CVA, DVA, FVA with automatic explain and what-if. K-TCD links directly to XVA counterparty exposure.

Explore

ISDA SIMM™

Out-of-the-box Initial Margin calculator — feeds directly into IFR/IFD K-TCD computation.

Explore

SA-CCR

Standardised Approach CCR — marginal, forward, and pre-trade impact. Feeds K-TCD exposure directly.

Explore

Get Started

See IFR/IFD in your portfolio.

We'll walk you through the platform with a real use case, explain the methodological choices, and tell you honestly if Everix is the right fit.

[email protected]