An analysis of the third mystery fund linked to both Archegos and the Allianz Structured Alpha funds’ meltdowns hints at the need for efficient and scalable top-down counterparty risk surveillance and monitoring for banks and investors.
Archegos
It’s been a wild rollercoaster ride these days for Bitcoin investors. The cryptocurrency hit an all-time high of $64k in April only to plummet nearly 50% a month later. Last year, as the entire world shut down access to mountain peaks and surfing spots, people started to look for stay-at-home ways to supply their adrenaline fix – and speculative trading fit the bill.