The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Daewoo Securities Selects Pricing Partners’ Financial Analytics Solutions

Pricing Partners announced today the signing of Daewoo Securities, the largest stock brokerage and investment banking firm in South Korea, as the its first South Korean client. The agreement was signed through its regional partner Belatos.

Under this groundbreaking agreement, Daewoo Securities will deploy Pricing Partners’ entire financial pricing and analytics solutions, Price-it Library suite including Price-it Excel, Price-it API and Price-it Source Code for their exotic derivatives and structured products management. With Pricing Partners’ advanced pricing tools and source code solutions, Daewoo Securities will be able to further expand and strengthen its depth of products’ coverage, better manage risks and reply effectively to regulators’ requirement.

InHo Kim, general manager at Financial Engineering Department of Daewoo Securities, comments: “We have chosen Price-it after comprehensive and careful review of several similar products in the market. Price-it has the most sophisticated pricing analytics and the most advanced IT technologies among all products tested. Furthermore, the Price-it Source Code makes it possible to truly integrate Price-it into the Daewoo Securities’ existing in-house pricing library. While other 3rd party valuation tools are mainly for purely front desk purposes only, like quoting and validating prices, Price-it seems to be the first product that could replace or, at least, supplement the in-house pricing library, in its strict sense.”

Eric Benhamou, CEO of Pricing Partners, added: “We are very pleased to sign with Daewoo Securities. This is a major reference for us. This is the result of a very close work with our distribution partner, Belatos and Daewoo Securities quantitative and front office teams to show the great added value of the solution. Thanks to Price-it Source Code, Daewoo Securities should be able to use, integrate, develop and roll over seamlessly our award winning solution to all the trading desks. We are therefore very thankful for Daewoo Securities’ high commitment in our solution and looking forward to implementing the whole solution to their system.”

Related content

WEBINAR

Recorded Webinar: A new way of collaborating with data

Digital transformation in the financial services sector has raised many questions around data, including the cost and volume of reference data required by each financial institution. Firms want to pick and choose the reference data they need to fulfil their requirements. Emerging solutions with the potential to decrease the cost of data and increase flexibility...

BLOG

HWM Group Acquires Koger Assets to Expand Fund Admin, Regulatory Offerings

HWM Group, a Dublin-based provider of investor services and regulatory solutions to alternative and retail fund administrators, has acquired the assets of Koger Inc., a global supplier of fund administration software. The acquisition strengthens HWM’s offerings in the fund administration and transfer agency technology space, allowing it to offer expanded fund administration and regulatory compliance...

EVENT

TradingTech Summit Virtual

TradingTech Summit (TTS) Virtual will look at how trading technology operations can capitalise on recent disruption and leverage technology to find efficiencies in the new normal environment. The crisis has highlighted that the future is digital and cloud based, and the ability to innovate faster and at scale has become critical. As we move into recovery and ‘business as usual’, what changes and technology innovations should the industry adopt to simplify operations and to support speed, agility and flexibility in trading operations.

GUIDE

Entity Data Management Handbook – Seventh Edition

Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...