List Group, the Italian financial services technology firm, has launched a new risk analysis product.

FMR Grid allows portfolio managers, asset management firms and market makers to price, stress test and evaluate the risk of a range of different assets in real-time.

The advantage of grid-based platforms is that they can perform several calculations at a time, according to the firm.

“Even nowadays very often the existing market products are slow, with calculations insisting on a single server. List Group’s FMR Grid allows multiple calculations to happen in parallel reducing the time it takes to carry out in-depth analyses,” said Enrico Melchioni, chief executive of List Group’s FMR consulting division.

Asset types covered by the software include foreign exchange, fixed income, equity derivatives, interest rate derivatives and credit derivatives for both over-the-counter and exchange-based markets.