Where does this hit us, and how hard? RAID's agents bring you an answer in seconds. Built by the experts called in after the market's biggest failures.
Point anywhere to read that month
01Who it's for
RAID shows banks, funds, wealth managers, and insurers where a shock will land, and how hard, while there is still time to act.
| 2020 | Allianz Structured Alpha | Tail hedges that existed on paper and nowhere else | $7B | investor losses |
| 2021 | Archegos | Six prime brokers, each holding one slice of one client | $10.6B | realized bank losses |
| 2022 | LME nickel | One position, and $12B of trades cancelled to contain it | $8B | paper loss |
| 2022 | UK gilts and LDI | Pension hedges selling the gilts they were defending | £70B | collateral calls |
| 2023 | Silicon Valley Bank | Unhedged rate risk, and a $42B run in a single day | $20B | cost to the deposit insurance fund |
| 2026 | Situational Awareness LP | $7 in positions for every $1 investors put in | $32B | mark-to-market loss |
02What RAID does
Seamlessly integrated into your systems of record.
The screens show demonstration books built from public data, never a client's positions.
How it works03Proof
How much advance notice RAID would have given you ahead of the collapse of Situational Awareness LP, using only public information
The most extreme moves in the Fed's stress tests that RAID rebuilt the right way, given only four of the Fed's own numbers
How close RAID came to a 60/40 portfolio's actual loss in the COVID crash, knowing only what it knew about the portfolio the day before
04Our vision
Serious risk analysis has been reserved for the largest institutions. We are building RAID so every book a market shock can reach is watched, from a global bank to a family office.
You pay for the risk RAID watches, so a credit union pays for a credit union's book and a global bank for a global bank's.
05Team
Fifty years between us running capital markets risk inside banks, and advising them from the other side of the table.
Co-founder and CEO
Former partner at McKinsey & Company and Oliver Wyman and head of a capital markets risk practice. She has more than 25 years of experience advising financial institutions through the market's worst crises. Away from the markets, she is an avid skier.
Co-founder and COO
Second-time founder: previously founder and CEO of Affirmative. Former McKinsey & Company, and growth and operations at Citizen. She holds two graduate degrees from the University of Michigan: an MBA and a degree in human-computer interaction.
Advisors
Technical advisor
Founder of ARPM, Advanced Risk and Portfolio Management. Former head of research at Bloomberg and chief risk officer at KKR.
Risk advisor
Former head of counterparty credit risk at Société Générale, and of hedge fund risk at Citi and Bank of America.
Advisor and investor
Former chief risk officer of Prudential Financial, after 28 years at BNY Mellon.
Advisory CTO
Head of engineering at Carbon Arc. Formerly AI engineering at Waymo and Google.
Advisory CPO
Head of product at Carbon Arc. Formerly McKinsey & Company, and counterparty credit risk at Bank of America.
Strategic advisor
Founder and former CEO of Audigent, acquired by Experian.
Outside counsel
Startup lawyer and partner at Odell Girton Siegel LLC.
If you run a book, or back the people who do, tell us who you are and a founder will reply within two working days.
Available today, priced by the risk you carry.
Investors: hello@aspenftm.com; materials available upon request
A founder will reply within two working days.
