Financial risk advisor JCRA has launched Ada, a new digital financial risk management portal for finance directors, portfolio managers and accounting teams, providing real-time access to debt and derivative portfolios and treasury and accounting reports. Ada is named after Ada Lovelace, the 19th-century visionary British mathematician and computer pioneer whose former home at 12 St James’s Square in London is the European headquarters of JCRA.
Through Ada, clients can quickly access an overview of debt and derivative instruments in their portfolio or drill down into individual entities and instruments to the mark-to-market (‘MtM’) value. Clients are further able to view individual instrument cash flows and LIBOR fixings, for both historical and projected values.
Jackie Bowie, CEO JCRA commented, “We feel very fortunate to work in a building that is so closely associated with Ada Lovelace and are delighted to launch our new platform in her name. Ada will consolidate the vast quantity of derivatives information, positions and documentation into one easy-to-use, well-organised digital platform that provides a live and swift overview of transactions.”