Derivatives Risk Management Using Semantic Blockchain
  Narasimha Kodihalli   Narasimha Kodihalli
Founder and CEO
OpenRisk Technologies


Tuesday, April 24, 2018
03:30 PM - 04:30 PM

Level:  Case Study

Derivatives Risk Management is a very complex, fragmented, inefficient, and expensive part of Capital Market. This became apparent during the global liquidity crunch, that started in 2009. With a complex and fluid regulatory landscape, that is re-shaping the financial world, capital market participants can benefit hugely from the application of Semantic Web, AI, and Blockchain technologies. Some highlights of the benefits across different asset classes include:

  1. Holistic “data first” approach
    1. Rationalization of structured and unstructured data into an industry standard representation on FIBO
    2. Removal of impedance mismatch between how data is stored and how algorithms operate on them
  2.  A natural fit for AI techniques, such as NLP and Machine Learning, on triple (RDF/OWL) representation of data
  3. A standardized and a harmonized approach to the B2B market for interoperation of data using FIBO
  4. A trusted, transparent, immutable, and single-source-of-truth approach of Blockchain/DLT eco-system, that culminates the original vision and power of Semantic Web
  5. A Semantic abstraction of Blockchain terminologies to allow interoperation of business use-cases across multiple Blockchain networks

Narasimha Kodihalli is the Founder & CEO at OpenRisk Technologies and is spearheading the creation of an innovative Collateral and Liquidity Management platform using AI technologies. Nara started OpenRisk in 2016 after spending more than a decade in derivatives collateral management market space. Nara is a Business Savvy Technology Executive with over eighteen years of practice in building and managing Enterprise Technology Solutions for Financial Services Sector. Nara has held various senior management positions at Goldman Sachs, PwC, BNY Mellon, and Lombard Risk encompassing Listed and OTC derivatives groups. Nara holds an Executive MBA from TRIUM Program (Jointly issued by NYU Stern School of Business, London School of Economics & Political Science, and HEC School of Management, Paris)