Beyond the Black Box: Explaining VaR with Apex’s RiskMonitor
Why Attend:
Market volatility can trigger sudden VaR spikes and limit breaches—join Apex Risk Technologies to see how RiskMonitor, powered by Numerix’s institutional-grade models and analytics, helps teams explain VaR with transparent, position-level insight instead of opaque, static risk numbers.
January 28, 2026 | 4:00 PM SGT / HKT (8:00 AM London | 9:00 AM CET)
Presenters:
Partha Misra – Senior Product Manager, Apex Risk Technologies
Max Hilton – Managing Director, Apex Risk Technologies
In today’s markets, volatility doesn’t just change risk—it demands explanation. Sudden market moves can trigger VaR spikes and limit breaches, placing CIOs, COOs, and risk teams under immediate pressure to explain what changed and why. Yet opaque, black-box analytics and fragmented workflows often slow investigations, increase operational risk, and delay decisions when speed matters most.
Join Apex Risk Technologies for a webinar exploring how firms are moving beyond static VaR reporting to gain true insight and explainability into their risk numbers. Designed for hedge funds, open-ended funds, and ManCos across EMEA, Singapore, and Hong Kong, this session examines how more transparent risk analysis and decomposition enables faster investigations, clearer communication with stakeholders, and more confident decision-making during periods of market stress.
During the webinar, Partha Misra and Max Hilton from Apex Risk Technologies will walk through a realistic volatility scenario using RiskMonitor, Apex’s proprietary market risk platform. The session will illustrate how teams can approach the investigation of VaR movements, highlighting key analytical workflows used to understand drivers of change, including examples of position-level decomposition and alignment with P&L.
RiskMonitor combines Apex’s integrated risk workflow with Numerix’s institutional-grade models and analytics, to provide a more transparent and explainable approach to market risk analysis compared with traditional black-box VaR reporting.
Join the webinar to gain valuable insights into:
- How RiskMonitor enables teams to explain VaR movements—not just report them—through transparent, position-level decomposition
- A RiskMonitor walkthrough highlighting investigative workflows for analyzing volatility-driven VaR changes and understanding key drivers
- How teams can analyse and compare market risk and P&L more efficiently using RiskMonitor’s integrated workflows and dashboards
- How a transparent, non–black-box approach to market risk can reduce investigation time and operational risk during periods of market stress
Featured Speakers
Partha Misra
Partha Misra is a seasoned capital markets technology executive with a distinguished career spanning global banks and fintech. Over sixteen years, he has held senior product and strategy roles at Temenos, Bank of America, and ICICI Bank—building a track record of delivering complex trading, risk, and treasury platforms for institutional clients.
Partha brings deep expertise in risk analytics and regulatory compliance. He is currently a Senior Product Manager at Apex Risk Technologies, focused on the continued evolution of Apex RiskMonitor.
Max Hilton
Max Hilton, CFA, is managing director and founder of Apex Risk Technologies. Max has over twenty years’ experience working in quantitative finance as both a risk manager and portfolio manager, working with both liquid and illiquid asset classes. He previously worked for JP Morgan Securities within Proprietary Equities and was responsible for a global equities portfolio. Before this he worked at Ziff Brothers Investments in New York and London as senior associate within the Quantitative Strategy Group.
Udi Sela
Udi Sela has been active in foreign exchange derivatives markets for over 25 years. As a senior derivatives trader and trading manager at Citibank and JPMorgan, he developed expertise in derivatives spanning both vanilla and complex FX options. After his trading career, he has led product development, pre-sales and business development functions within a range of financial software vendors. Mr. Sela is currently responsible for product and field marketing at Numerix.
