Pricing Partners and MathFinance Combine Forces
Pricing Partners and MathFinance, a quantitative engineering vendor, with expertise in pricing and hedging foreign exchange and equity derivatives announced today that they will join forces to provide clients a even more global offering, combining software and quantitative consulting. Under the agreement, Pricing Partners and MathFinance will cross sell their respective offering in order to...
SGSS’s Rose Elaborates on Challenge of Determining Fair Valuations
Société Générale Securities Services (SGSS) currently uses 13 data feed providers in order to price an average of 17,000 bonds on a daily basis, according to Olivier Rose, head of international projects data management for the firm. Although 80% of these valuations pose no problems for the securities services provider, 20% fall under the auspices...
Pricing Partners Selected by Société Générale Corporate & Investment Banking to Provide Independent Valuation of its Derivatives
Pricing Partners announced today that its platform Price-it Online has been selected by Société Générale Corporate & Investment Banking to provide independent valuations on their equity, fixed income and credit derivative products. The topic of double valuations on financial derivatives has been of increasing importance in recent times. Eric Benhamou, CEO of Pricing Partners comments:...
Interactive Data Provides Probate Valuation Service To Title Research
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data Business is providing its Probate Valuations service to Title Research, an estate administration and specialist probate research company. Launched in 2006, the service can help clients to value UK and international securities for probate...
Fitch Solutions Provides CDS Pricing for Korean Won
Fitch Solutions, a division of the Fitch Group, has extended its CDS Pricing Service to offer derived CDS pricing for Korean Won (KRW) CDS contracts, bringing transparency to this highly illiquid market to improve users’ investment and risk management decisions. Covering the Korean corporate and financial sectors, the new service is based on a proprietary...
Bond Pricing Agency Malaysia To Market Interactive Data’s Fixed Income Evaluated Pricing
Interactive Data Corporation, a provider of financial market data, analytics and related solutions, today announced that its Pricing and Reference Data business has signed an agreement with the Bond Pricing Agency Malaysia Sdn Bhd (BPA Malaysia), a leading national bond pricing agency, to make available international fixed-income evaluated pricing to the Malaysian market. Based in...
S&P Fixed Income Valuations Deal is Part of Wider Data Aggregation Challenge, GlobeOp’s Anderson Explains
Fund administrator GlobeOp Financial Services has signed a deal with Standard & Poor’s Valuation and Risk Strategies business (what was known as the Fixed Income Risk Management Services or FIRMS division until recently), under which the ratings agency’s subsidiary will provide GlobeOp with valuations for a range of fixed income securities. Jon Anderson, global head...
FRSGlobal Fine Tuning Fair Value Pricing Models for Emission Linked Derivatives, Says Brammertz
Risk and regulatory reporting solution vendor FRSGlobal is currently endeavouring to develop new valuation models in order to gauge the fair value prices of emission linked derivatives contracts, according to Willi Brammertz, senior risk advisor at the vendor. Although political concerns are holding back some degree of progress with regards to these new instruments, Brammertz...
Reval Version 10.0 Continues to Shape Future of SaaS for Derivative Risk Management and Hedge Accounting
From its annual client conference in New York, Reval, the global leader in derivative risk management and hedge accounting solutions, announced today the spring release of its single-version, Software-as-a-Service (SaaS) platform, Reval 10.0. Updates in the new version provide the foundation for a go-forward platform planned since Reval’s acquisition of FXpress last fall. “In addition...
Standard & Poor’s Provides Independent Fixed Income Valuations to GlobeOp Financial Services
S&P Valuation and Risk Strategies, an independent and analytically separate business unit within Standard & Poor’s, has been selected to provide independent valuations for a wide range of fixed income securities to GlobeOp Financial Services, a leading independent provider of automated, integrated middle- and back-office, administration and risk reporting services to hedge funds and asset...