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

CM-CIC Asset Management Selects Pricing Partners for OTC Derivatives Valuations

Subscribe to our newsletter

French asset management group CM-CIC Asset Management has selected Pricing Partners’ pricing tool for OTC derivative products, Price-it Excel. According to the vendor, the asset manager’s department of quantitative research will rely on the Price-it Excel library to manage complex optional structures related to the creation of structured funds and to analyse the integral risks associated with such products.

Pierre-Alain Patard, co-head of quantitative management at CM-CIC Asset Management, comments: “We were looking for a fast and reliable solution for assessing and measuring the risks of hard to value OTC products that we negotiate within the framework of our activity on structured funds. We found in Price-it a product that offers similar market models to those developed by our research teams and which, in addition, perfectly met our specific needs in terms of flexibility for setting up products and for the validation of our prices.”

Launched in 2006, the Price-it financial library covers products including interest rates, equity, credit, FX, commodities and hybrids. It uses an Excel interface to provide risk management services and validation of OTC products.

Patard says: “With the identical recovery capabilities to those of large investment banks and particularly due to the possibility of setting up the most complicated payoffs with a specific language, Price-it has proved to be the most suited solution to go with the pricing and sensibilities controls on our OTC products.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

7Rivers Q&A: Enabling Modern Data Processing

Milwaukee, Wisconsin-based 7Rivers gives its clients the tools to draw actionable insights and real-world applications from their data. A-Team Group Data Management Insight spoke to Jessica Emhoff, Vice President of Marketing, about the company and how it is empowering financial institutions. Data Management Insight: Hello Jessica. Can you tell us a bit about how 7Rivers...

EVENT

TEST Event page 2

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...