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

Pricing Partners Launches Price-it VaR

Subscribe to our newsletter

Pricing Partners announced the release of a new module providing value at risk (VaR) and stress tests calculations today. With the recent unpredictable market movements, the accurate calculation of VaR, risks and stress tests on complex products has become a crucial issue for banks, risk control departments, asset managers and hedge funds.

This new module, called Price-it VaR, responds to the following problems: capture and manage your institutional risk and exposure across a variety of financial products and across various business units; measure the overall level of risks through VaR and CVaR; estimate the potential exposure with major sensitivities; stress test your portfolios with customised and market crisis scenarios; respond to client and counterparty demands for advanced risk analyses and risk-adjusted performances; comply with evolving regulatory capital guidelines and gain maximum balance sheet efficiency; deliver a risk management solution that is sophisticated, scalable, and flexible, yet highly cost effective and simple to implement.

Delivered online, Price-it VaR is a generic risk solution that leverages the Price-it financial library and the independent revaluation service Price-it Online. It covers all major asset class derivatives from vanilla to the most exotics on interest rates, credit, foreign exchange (FX), equity, life insurance, inflation, commodity and hybrids. It is highly customisable, as users can virtually describe any financial products due to the generic Price-it payoff language. Users can easily design, manipulate and analyse information to create tailor made solutions and reports according to their needs.

Price-it VaR includes portfolio capture, security description, pricing engine, VaR and scenario engine reporting. This provides financial institutions looking for a risk management solution with one of the most powerful tools for leveraging years of experience and market practice in the trading environment.

Eric Benhamou, CEO of Pricing Partners, remarked, “Price-it strengthens the VaR product range and Pricing Partners allows us to position ourselves as a global player in the world of revaluation and risk management on financial derivatives. Price-it VaR is unique and one of the most powerful modules trading VaR due to its flexibility. Price-it VaR synthesises many years of experience and knowledge of markets and will interest many customers looking for a viable solution for VaR and stress tests.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to maximise the use of data standards and identifiers beyond compliance and in the interests of the business

Date: 18 July 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data standards and identifiers have become common currency in regulatory compliance, bringing with them improved transparency, efficiency and data quality in reporting. They also contribute to automation. But their value does not end here, with data standards and identifiers...

BLOG

Unlocking the Potential of AI in AML

By Steve Marshall, Director of Advisory Services, FinScan. AI has been increasingly used over the last few years to combat financial crime and money laundering. While it may not have lived up to its original billing as a silver bullet, some key lessons have been learned since those early days. Firstly, while AI has many...

EVENT

Data Management Summit London

Now in its 14th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...