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

A-Team Insight Blogs

Hungary’s Wallis Group Opts for SuperDerivatives’ FX Derivatives Valuations

The Wallis Group, one of Hungary’s largest holdings companies, has selected SuperDerivatives to improve its ability to hedge cross border currency exposures and to access independent portfolio valuation for auditing purposes.

The Wallis Group, which specialises in investment, consulting and asset management, is a multinational company and needed access to accurate, independent pricing for FX derivatives to manage risk though hedging exposure to fluctuations in the currency markets across the world

The SD-FX pricing solution was chosen by The Wallis Group for its ability to provide real-time, independent pricing for the widest range of FX derivatives, from vanilla to the most advanced structures. The solution will enhance the transparency of the organisation’s entire derivatives business, and will also give the treasury team access to mark to market values, enabling compliance with international auditing regulations.

Tamas Onody, group treasury director of the Wallis Group, comments: “As an international holdings company, we operate across borders and currencies and can therefore be affected by a number of factors in the global financial markets. FX derivatives allow us to hedge this risk, but we needed a tool that would allow us to determine the real market price of the different instruments we use. SuperDerivatives is in a league of its own when it comes to the accuracy of its pricing and wide coverage.”

David Shulman, regional sales executive for SuperDerivatives, says: “Our software as a service approach uses an intelligent open architecture and substantially reduces the cost of implementation for corporations wishing to step up their risk management with maximum return on investment.”

Related content

WEBINAR

Upcoming Webinar: A new way of collaborating with data

Date: 15 April 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes 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...

BLOG

FINOS and Goldman Sachs Release Legend Open Source Data Management Platform

In pursuit of data collaboration and standardisation across capital markets, the Fintech Open Source Foundation (FINOS) and Goldman Sachs have released Legend, the bank’s flagship data management and data governance platform. The source code for five of the platform’s modules is available from FINOS. Goldman Sachs contributed its PURE logical modelling language and Alloy platform...

EVENT

Data Management Summit London

The Data Management Summit Virtual explores how financial institutions are shifting from defensive to offensive data management strategies, to improve operational efficiency and revenue enhancing opportunities. We’ll be putting the business lens on data and deep diving into the data management capabilities needed to deliver on business outcomes.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...