IS Risk Analytics (ISRA) has launched a new service called PredatorWatch to help brokers to identify toxic clients before or shortly after they trade. PredatorWatch uses ISRA’s wide client footprint to develop and maintain an extensive database of IP addresses and trading characteristics to isolate and neutralise previously identified toxic strategies before they do significant damage. With real-time email triggers and alerting tools, clients can be informed about potential toxic flow.
Jeff Wilkins, Managing Director, ISRA explains, “The ability to identify toxic clients has been a successful feature in our full suite of risk management services, resulting in a strong ROI. We have released it as a separate stand-alone service to help brokers and liquidity providers avoid significant losses from clients who are manipulating the market.”