Risk-first.Institutional-grade controls.
Drovix operates under a risk-first institutional framework. Counterparty exposure, market exposure, liquidity risk and operational risk are monitored through defined limits, escalation procedures and governance oversight.
Governance & oversight
Board-level governance, defined risk appetite, three-lines-of-defence model, MLRO and Risk Officer oversight, escalation matrix, and documented decision rights for counterparty and product onboarding.
Pre-trade risk controls
Automated pre-trade checks: counterparty limits, instrument permissions, order-size limits, fat-finger protection, price-collar validation, margin checks and quote-validity controls.
Post-trade monitoring
Real-time exposure monitoring, trade surveillance, post-trade reconciliation, daily P&L attribution, exception reporting and supervisory review.
Counterparty credit risk
KYB, financial standing and regulatory-licence review; assigned credit limits; collateral and margin frameworks; close-out and netting provisions; periodic counterparty review.
Market risk limits
Position, notional, sensitivity (DV01, delta, vega), VaR and stress-scenario limits by asset class and counterparty. Daily monitoring and breach escalation.
Liquidity risk management
Liquidity buffers, intraday liquidity monitoring, contingency funding plan, liquidity-stress testing and hedging-relationship monitoring.
Concentration risk
Single-counterparty, single-instrument, single-venue and single-region concentration limits with explicit overrides requiring senior approval.
Kill switch & emergency controls
Counterparty-level and global kill-switches, quote suspension, order-rate limiters, automated trading-halt logic and incident-runbooks tested on a defined cadence.
Model risk management
Documented model inventory, independent validation, performance and drift monitoring, change-management, override logging and annual review of pricing and risk-transfer models.
Operational resilience & BCP
Multi-zone redundancy, disaster-recovery sites, RTO/RPO targets, third-party and cloud-provider concentration assessment, periodic resilience testing and lessons-learned reviews.
Algorithmic trading controls
Automated pricing and risk systems are subject to internal controls, monitoring, escalation procedures and governance review consistent with applicable regulatory expectations.
Cyber & information security
Defence-in-depth, least-privilege access, identity and access management, SIEM monitoring, penetration testing and an incident-response process aligned to recognised standards.
Disclosure. The descriptions on this page summarise Drovix' institutional risk framework as applied to professional clients and eligible counterparties. They are not investment advice and do not create a regulatory representation on behalf of any affiliated entity. Specific obligations and controls are set out in counterparty agreements and internal policies.