KGI Securities Singapore live with Scila Risk: A quantum leap in risk management
A significant milestone in effective risk management has been achieved with the successful implementation of a groundbreaking multi-asset, true real-time solution by KGI Securities Singapore, the largest player on the SGX.
This landmark project saw KGI replace TWO incumbent legacy systems with ONE single, unified platform, achieving a comprehensive, real-time view across equities, derivatives, and Spot FX.
This unique implementation leverages the inherent advantage of Scila Risk’s multi-asset agnostic approach and has empowered KGI to streamline operations, optimize collateral utilization, and unlock new levels of trading capacity. It’s a powerful demonstration of how genuine system consolidation, combined with true real-time insights, provides unparalleled clarity and efficiency in today’s complex financial markets.
As Ken Ong, CEO of KGI Securities Singapore, noted: “With Scila Risk, we’ve gained a consolidated real-time understanding of our risk exposure, optimized our collateral utilization, and unlocked new levels of trading capacity.”
This success story highlights Scila Risk’s capability to deliver tangible business value and a competitive edge.
White paper on optimizing alert rules for enhanced efficiency
Market surveillance teams face a constant challenge: managing a vast volume of alerts and fine-tuning complex rules. This manual, time-consuming process often diverts valuable analyst time from critical investigations.
At Scila, we are pleased to introduce our latest white paper, “Assisted Parameter Optimization (APO) for alert rules“. This intelligent approach streamlines alert rule optimization by systematically identifying parameter settings that achieve a user-defined target alert volume.
APO empowers analysts to shift focus from managing alert quantity to in-depth qualitative analysis and discerning true market abuse. This directly enhances operational efficiency and effectiveness. The white paper delves into APO’s methodology, leveraging advanced concepts like Black-Box Optimization and Evolutionary Algorithms to free up human expertise.
Interested in learning how APO can enhance your market surveillance operations?
Event insights & future engagements
June saw Scila’s teams actively participating in three key industry events: Risk Live Europe and FIA IDX in London, and CADC in Montreal. A consistent theme across conversations was the ongoing challenge of multi-asset capabilities and the critical need for holistic views within areas like surveillance and risk management.
This was highlighted, for example, in the “Headwinds in Commodities” panel at FIA IDX, where discussions focused on market uncertainty and high trading volumes in energy markets. These trends reinforce Scila’s commitment to delivering advanced, unified risk and surveillance solutions that address market complexities and handle large volumes.
Scila continues its engagement at upcoming industry events:
- Risk Live Asia / XLoD Singapore, September 24-25 (Singapore)
- Risk Live North America, October 8-9 (Nashville)
- FIX Australia, October 22 (Sydney)
Our team will be present, including our Heads of APAC, Phil Joslin, and Americas, Alexander Lamb. Why not pre-book a meeting with us to discuss your evolving challenges and needs in market surveillance and risk management?
Continued growth — new clients and colleagues
Scila’s strong momentum continued in H1 2025 with four new client signings. Three new partnerships strengthened our Surveillance segment, notably in energy and commodities. The fourth client win is in Risk, for our growing Position Limits offering – a complementary solution gaining industry spotlight.
Client expansion mirrors internal growth. We recruit highly skilled developers and R&D/delivery resources in Sweden; nearly 90% of our employees are actively involved in these areas.
We’ve also expanded our global customer relations team. Phil Joslin appointed Head of APAC, bringing extensive regional leadership. Rémi Munier joined us in Paris, leveraging 30+ years experience in areas such as fintech and market data. Finally, Fredrik Backlund took on the new Head of Marketing role, building on his decade-long connection to Scila through previous marketing leadership at Cinnober.
Latest blog post
Our CEO, Mikko Andersson, has shared his insights on Scila’s emerging risk offering in an article titled “From fragmentation to foundation: Why real-time risk needs a unified, harmonised train.” First published by Finextra, the article details his vision for the new offering, which will be established as our second flagship alongside our well-established Surveillance solutions.
