About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

BBVA Deploys SuperDerivatives’ Derivatives Solution in Hong Kong

Subscribe to our newsletter

Banco Bilbao Vizcaya Argentaria (BBVA), one of the largest European banks, announced that it has selected SuperDerivatives (SD), the global derivatives benchmark and leading multi-asset front office system, to support its currency derivatives business in Hong Kong and to better meet its clients’ changing needs.

In allowing better pricing standards across the board, the SD-FX front-office solution gives BBVA’s sales teams, traders and structurers access to accurate, real-time market prices, risk management and analytics for all currency options.

BBVA, which has been operating in Asia for over 20 years, has a strong presence in corporate and investment banking. In Hong Kong, the bank is particularly strong in trade finance.

BBVA is among Europe’s leading banks, with presence in over 30 countries worldwide. Its Asia headquarters are in Hong Kong, with branches in Tokyo and Singapore, and representative offices in Taipei, Seoul, Beijing, Shanghai, Sydney and Mumbai.

SD is the market’s benchmark system for derivatives pricing. SD’s wide coverage spans all FX derivatives, from vanilla to the most advanced structures, across the full spectrum of currency pairs, from major currency types to emerging markets. It is used by most of the banks in the world that trade derivatives and numerous corporations, hedge funds, brokers, auditors and central banks.

Jeffrey Chu, BBVA head of Fixed Income, Currency and Commodities, said: “Deploying SD’s solution in Hong Kong makes perfect sense. BBVA has been using it in Madrid and México headquarters for years now. As the market leader, SD serves as the market’s benchmark for FX derivatives and it’s an excellent system to support our business. Their solution will enable us to further enhance our product offering to our customers in Asia as well as optimise our staff productivity and workflow.”

Irene Zaslavsky, SD’s regional manager for Hong Kong, said: “We are delighted to be offering our services to BBVA, a truly world-class bank. In addition to automate the daily work flow and improve sales people productivity, our solution will give BBVA the ability to offer its clients accurate, transparent and real-time information and to enhance reporting and risk management.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Cross-Regulation Data Consistency and Accuracy

Regulatory reporting obligations continue to expand, bringing with them more overlaps of data elements across reporting regimes. As many firms struggle with the accuracy and completeness of individual reporting obligations, regulators have increasingly begun to focus on cross-regulation data consistency in their data validations and examination processes. This webinar will identify cases of data overlap...

BLOG

Banca March Selects GoldenSource for ESG Data Management and Analytics

Banca March, a Spanish investment bank and financial services company, has selected GoldenSource ESG Impact to manage data and analytics for its ESG-related investment and banking processes. As part of the bank’s data strategy, the approach to mastering and managing ESG data will be aligned with enterprise data already managed in GoldenSource tools Security Master...

EVENT

TradingTech Briefing New York

TradingTech Insight Briefing New York will explore how trading firms are innovating and leveraging technology as a differentiator in today’s cloud and digital based environment.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...