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

SuperDerivatives Upgrades VolSurface Solution for Mark to Market Rules

Subscribe to our newsletter

Derivatives data specialist SuperDerivatives has upgraded and renamed its derivatives revaluation and risk management offering, VolSurface, to accommodate improvements to market data and risk reference data. The service, which is now called Mark-to-Market Data, has been altered to more adequately meet the requests of its customers following recent feedback, says the vendor.

Dani Weigert, Mark-to-Market product manager at SuperDerivatives, reckons the solution is ideal for risk management in the current market: “The ability to customise the service to meet exact requirements allows users to create a bespoke feed for their in-house risk management systems.”

The vendor claims Mark-to-Market Data provides independent risk reference data for vanilla and advanced derivatives across commodities, energy, equities, FX and interest rates. The service combines its benchmark pricing methodology with market rates collected from a selection of active market participants in order to provide a validated volatility feed for a range of liquid and illiquid markets. The data for these feeds comes from sources including interbank, local brokers, global exchanges, interdealer brokers and data aggregators.

In addition to volatility surfaces, the upgraded service now also offers intraday or end of day automated feeds for yield curves, forwards curves, overnight index swaps (OIS) curves, inflation curves, correlations and equity dividend flows, says SuperDerivatives.

According to the vendor, the service can be used as a customisable data feed for risk management systems and can be used to comply with regulations that require third party, independent derivatives pricing.

The current furore over mark to market rules in the US is certain to have an impact on the future of this solution if the accounting rule’s detractors have their way. However, for the moment, it seems that mark to market is here to stay, albeit in a slightly altered form, meaning SuperDerivatives should potentially have some mileage in offering to help firm comply with the controversial rules.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The time is now for buy-side firms to re-evaluate their approach to data management

Increased cost pressures, rising volumes of data, and the challenges of legacy systems are pushing buy-side firms to re-evaluate current approaches to data management. The aim is cost-effective, optimised data management that can provide flexibility and scalability, support various data types including ESG data, and ensure headroom for development in line with business objectives. Achieving...

BLOG

DTCC Sets Out Four Hypotheses on Future Use of Data and Data Management

The Depository Trust & Clearing Corporation (DTCC) has detailed four hypotheses that will drive how data is used in financial markets in the future – data will be more accessible and secure, interconnected data ecosystems will emerge, there will be more capacity to focus on data insights, and open source data standards will become ubiquitous....

EVENT

ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...