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ICE Portfolio Analytics for Clearing

ICE Portfolio Analytics (IPA) is ICE’s new web-based platform for calculating ICE Risk Model (IRM) 2.0 initial margin (IM) and related margin add-ons for ICE’s futures and options complex. Designed for ICE’s new initial margin model, IRM 2.0, IPA offers a rich set of features for calculating margins and managing risk.

Why use IPA for Clearing?

IM Calculations

Run IRM 2.0 and IRM 1.0 IM calculations for any supported business date

IRM 2.0 Transparency

Designed specifically for IRM 2.0, IPA calculates and displays all components and add-ons of the new model

"What If?" Analysis

Create "What-if?" margin scenarios and view impact of potential trades

Rich Reporting

Generate on-demand, detailed Excel-rendered reports

Customize Portfolios

Upload user-defined portfolios and ETD positions in multiple supported file formats

Export Data

Export information directly into Excel from UI widgets

IPA Benefits

  • IPA represents large scale enhancements from ICE’s existing IRM 1.0 margin calculator
  • Supports IRM 2.0 & IRM 1.0 and eliminates the need to load input risk array data
  • Edit portfolios and positions on the fly for ad-hoc "What-if?" scenarios
  • Full suite of Excel rendered risk reporting for in-depth margin analysis
  • Margin Matrix provides up to date IM values for benchmark contracts, spreads and other common trading strategies
Feature IPA IRM 1.0
Web Based UI
IRM 2.0 Support
IRM 1.0 Support
Automatic Input Data Load
Add/Remove/Edit Positions in UI
Excel Rendered Reporting
Margin Matrix

Portfolio Management

  • Upload, create and manage user portfolios
  • Customize portfolio labels and properties
  • View summary IM information at the portfolio level

Position Blotter

  • Upload, capture and display position level information
  • Add, delete, adjust and even move positions between portfolios
  • Filter, sort and export data into Excel

Calculation Engine

  • Initiate IM calculations for specific portfolios, positions or both
  • Compare IM results between models


IRM 2.0 Overview

IRM 2.0 Methodology


24 Hour IPA Helpdesk

+1 770-738-2101 (Option #6) / [email protected]