CCP.A, as an EMIR certified central counterparty, is responsible for the clearing and risk management of all CCP-eligible transactions on Wiener Börse AG as well as for assuming and managing the settlement and default risk and is therefore contributing to financial market stability. A failure to perform services may have an adverse effect on the liquidity and stability of the financial market. Hence, CCP.A has implemented a solid risk management system, which is a key element in its business activity and corresponds to the complexity of the business processes and the cleared products.
According to its risk management framework, CCP.A has implemented organisational and procedural measures to identify, assess, control, manage, monitor and report the risks, to which the company is exposed.
These safety measures and procedures ensure the highest possible degree of business continuity and business contingency at all times.