SciComp Releases SciFinance Version 5.0 with Added Functionality for OTC Derivatives Pricing
Derivatives valuations software vendor SciComp has released a new version of its flagship SciFinance pricing software solution, which it claims will help quantitative developers shorten model development time and create models with faster execution speeds. Version 5.0 of the software has been altered to reflect the new market conditions and new OTC derivatives, says Curt...
SIX Telekurs Provides Pricing Feed to ValueLink for PriceValidation Clients
ValueLink has selected SIX Telekurs’ Intraday Pricing Service (IPS) as a data provider for its PriceValidation solution. The vendor will cleanse the data from SIX Telekurs’ real-time Market Data Feed (MDF) against a number of feeds from different data suppliers and internal sources and provide it as an optional feed for its PriceValidation clients, explains...
S&P Upgrades ABSXchange Platform for Loan Level Stress Testing and Portfolio Analytics
Standard & Poor’s structured finance platform, ABSXchange, has undergone a number of upgrades this month with a view to allowing users to conduct more robust analysis of their structured finance transactions. The platform, which the vendor bought in August 2007 and is part of its Fixed Income Risk Management Services (Firms) business line, now features...
Interactive Data Launches New Weekend Pricing Service for Middle Eastern Exchanges
Interactive Data’s Pricing and Reference Data business has introduced a new weekend market close pricing service for 13 Middle Eastern and North African exchanges. The service, which is available via Interactive Data’s FTS securities administration tool, provides end of market prices for the exchanges in the region where trading occurs during weekends, explains Bob Cumberbatch,...
Fincad Updates Analytics Suite 2009 for Excel to Support CDS Big Bang
Following the introduction of the new credit default swap (CDS) standard protocol last week, financial analytics and valuations provider Fincad has updated its Fincad Analytics Suite 2009 for Excel to support the new pricing models. Accordingly, the solution now includes a workbook that implements the International Swaps and Derivatives Association (ISDA) CDS model, says Bob...
Pricing Partners Launches Source Code Version of Flagship Price-it Solution
Valuations vendor Pricing Partners has launched a new source code solution and development platform for its flagship derivatives pricing and risk management solution Price-it. According to the vendor, the new solution is aimed at expediting the creation and development of a user’s quantitative pricing library, as well as reducing the project risk involved in such...
S&P Adds Non-US Fixed Income Data from EDI to Securities DataManager
In keeping with its longstanding collaboration with data vendor Exchange Data International (EDI), Standard & Poor’s has added EDI-provided global terms and conditions data on more than 200,000 non-US fixed income securities to its Securities DataManager product. The vendors worked closely together to develop the non-US data offering, which is aimed at allowing customers to...
DTCC and Markit Partner for Automation of Syndicated Loan Reconciliation
The Depository Trust & Clearing Corporation (DTCC) is establishing a link between its Loan/SERV Reconciliation Service and Markit’s Wall Street Office (WSO) loan management system. The two vendors are working together to establish the link, which they claim will facilitate the automation of syndicated loan reconciliation and thus reduce the operational risk involved in the...
Bank Leumi Le-Israel Extends GFI Fenics FX Coverage to Pricing and Analysis
Bank Leumi Le-Israel of Tel Aviv has extended its license for GFI Group’s pricing and risk management software, GFI Fenics FX, to the latest version of the software, including two new models, the Structuring Module and the Exotic Math Module. The bank, which has been a GFI Fenics customer since 1995, decided to expand its...
SGX to Increase Capacity of SGXNet for Corporate Announcements
As part of its wider technology upgrade programme, the Singapore Exchange (SGX) is currently increasing the capacity of its internet-based electronic corporate announcements platform, SGXNet. The exchange indicates that the upgrade is to account for current and future increases in the volume of corporate announcements and is scheduled to be completed in the third quarter...