SolveXia Integrates Fincad’s Derivative Pricing Libraries into SolvenSeerF+
Risk modelling solution provider SolveXia has joined the Fincad Alliance Program to integrate Fincad’s derivative pricing libraries into its SolvenSeerF+ application. Via this partnership, users of SolvenSeer F+ will have access to Fincad’s cross asset risk analytics and are able to leverage the Fincad software for robust derivative valuations by next year, says the vendor....
Fitch Solutions Offers Liquidity Scores for Credit Derivative Assets
Fitch Solutions has created new liquidity scores and percentile rankings for widely traded credit derivative assets aimed at helping banks to identify their exposure to the most liquid and least liquid assets, and strengthen their liquidity risk management procedures. Thomas Aubrey, managing director of Fitch Solutions, explains that the data has been added to provide...
SuperDerivatives Adds Electricity Derivatives Valuations to Commodities Offering
SuperDerivatives has added electricity valuations to its energy and commodities SD-CM platform. The vendor has extended its offering to cover real time accurate pricing of options on electricity prices, risk management, mark to market valuations and pre trade analysis tools for deregulated European markets. Electricity markets exhibit a much higher degree of volatility than other...
Hedge Fund Administrators Should Provide Greater Transparency for Derivatives Valuations, Says OTC Val
Hedge fund administrators need to modify their current business and operational processes and to adopt new practices designed to provide greater insight and transparency into the value of derivatives, according to a recent whitepaper by OTC Valuations (OTC Val). The whitepaper, entitled Independent Pricing For Complex Derivatives and Illiquid, Hard-to-Value, Securities: Trends and Current Practices...
OTC Val Expands to FAS 157 Non-performance Risk for Valuations
OTC Valuations has expanded its valuation service to include non-performance risk under FAS 157, which refers to the risk that the obligation will not be fulfilled. Bob Sangha, managing director of OTC Val, explains that the expansion of its valuations service is in reaction to client requests and requirements. Sangha comments: “Expanding our services once...
Yuanta Financial Holdings Selects NumeriX Excel for Valuations and Risk Management
Yuanta Financial Holdings has deployed NumeriX Excel within its risk department to provide analytics and pricing for derivatives and structured products. Via the implementation of the solution, the Taiwan-based firm hopes to more accurately price and calculate mark-to-model prices as well as measure the risk for these products, says Connie Lin, chief risk officer at...
NumeriX Extends Integration Partnership with Calypso Technology
NumeriX, an analytics provider for structuring, pricing and valuation of derivatives and structured products, has extended its integration partner agreement with Calypso Technology, with whom it has been working with since 2005. As a result of this expanded agreement, Calypso users will now have access to NumeriX’s pricing and risk analytics software. As per the...
Quantifi Opens Australian Office, Appoints Glover to Head
Quantifi, an analytics and risk management solution provider, has opened an office in Sydney, which it says is in response to increasing regional demand. The firm has appointed James Glover as head of APAC sales to manage the Asia Pacific region, including its existing business in Japan. The Sydney office will focus on product development,...
StatPro Launches SaaS System for Pricing of Complex Financial Assets
StatPro Group has launched a new software as a service (SaaS) offering for the pricing of complex financial assets. The new system covers instruments that the vendor describes as needing a complex valuation model and traded market data to be priced, including interest rate swaps, credit default swaps on single names and baskets, FX forwards...
IASB Trustees Urge G20 to Preserve Fair Value Accounting Rules
Prior to the talks of the G20 at the weekend, the trustees of the International Accounting Standards Board’s (IASB) oversight body urged leaders to preserve fair value accounting rules. In a letter to summit host and outgoing US president George Bush, trustee chairman Gerrit Zalm indicated that snap decisions should not be taken regarding fair...