Takes quantum leap by replacing two legacy systems into one single, powerful solution for equities and derivatives
STOCKHOLM & SINGAPORE – 11 June 2025 – Scila AB, a leading provider of innovative risk and surveillance solutions for the financial industry, today announced that KGI Securities Singapore (KGI), a prominent financial services group in Southeast Asia, has successfully implemented Scila Risk within its Singaporean operations. The solution covers equities as well as equity, commodity and FX derivatives, and Spot FX.
KGI, a leading player on the Singapore Exchange (SGX), is now fully operational with Scila’s cutting-edge risk management solution. Scila Risk consolidates KGI’s legacy systems for equities and derivatives trading into a single, comprehensive, multi-asset platform. This strategic move empowers KGI to enhance efficiency, optimize collateral, and gain a competitive advantage in the dynamic world of global finance.
The new solution’s multi-faceted capabilities are central to KGI transforming their risk management framework. By consolidating previously disparate systems onto a single real-time risk solution, Scila Risk empowers KGI to gain a holistic view of its risk exposure, optimize collateral utilization, and unlock new levels of trading capacity and revenue potential.
Specifically, Scila Risk provides calculations of risk exposure across all asset classes. It has been designed from the ground up to be asset class agnostic, managing everything within a single, unified system. The platform’s ability to handle a wide range of instruments, market models, and geographical locations provides KGI with unparalleled flexibility and scalability.
“We’re proud to be at the forefront of adopting innovative technology that fundamentally enhances our risk management capabilities and drives our business forward,” said Ken Ong, CEO of KGI Securities Singapore. “With Scila Risk, we’ve gained a consolidated real time view of our risk exposure, optimized our collateral utilization, and unlocked new levels of trading capacity. This directly translates to improved collateral efficiency, freeing up capital for trading, and reduced costs, and ultimately, greater potential for revenue generation. The collaboration with Scila’s expert team and their cutting-edge technology has been exceptional.”
The consolidation of systems, combined with the real-time insights from Scila Risk, are crucial to KGI’s enhanced risk management. This enables real-time risk calculations and monitoring across both equities and derivatives trading, giving immediate visibility into risk exposure. The result is proactive decision-making and agile responses to market dynamics ensuring scalability and flexibility to adapt to future market changes and evolving regulatory requirements. Scila Risk also offers advanced features such as “time warp” analysis and “what-if” simulations, providing KGI Securities with a deeper understanding of potential market scenarios.
Mikko Andersson, CEO of Scila, echoes this sentiment: “At Scila, we’re driven by a passion for innovation and a commitment to delivering cutting-edge solutions that address the evolving needs of our clients. Our new risk management offering holds immense potential, not just for Scila as a company, but for how firms manage risk across the capital markets. The successful implementation of Scila Risk at KGI demonstrates the transformative impact our technology will have on risk management operations, particularly by consolidating legacy systems for different asset classes into a single, modern, true real-time solution.”
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.
