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

A-Team Insight Blogs

Pricing Partners and Belatos Limited Team Up for Broad Distribution of Price-it Solution Suites in Asia

Pricing Partners has established a distribution agreement with a new partner, Belatos Limited. The distributor will deliver Pricing Partners’ full solution suites throughout the entire Asia Pacific region. First line support will be provided out of Belatos’ Hong Kong office.

The promising Asian market is growing at a high rate. Independent valuation services and tools for financial derivatives are also becoming a crucial concern. For Pricing Partners, this partnership will allow it to expand its initial footprint to Asia, distribute and expand its proximity to the Asian client base.

The distributor Belatos is specialised in the development, distribution and support of financial software across the Asia Pacific region. Headed by Didier Joannas, former sales director of different software providers such as SunGard and Thomson Reuters in Asia since 2000, Belatos will represent Pricing Partners and deliver its innovative solution suites including Price-it Library and Price-it Online in Asia.

Didier Joannas, managing director at Belatos, stated, “Recent events have shown us that regional banks, hedge funds, asset managers and insurance companies alike cannot rely exclusively on the pricing given by the entities who sell them derivatives anymore. Furthermore, regulators and auditors are pushing market players to have their own in-house pricing tools or, at the very least, to have an independent valuation partner. Pricing Partners has recently been the fastest growing provider of analytics for exotics and structured derivatives products in Europe. Many tier-one institutions are directly using the Price-It solution and recommending it to their clients and counterparts. This is why Pricing Partners should swiftly become the valuation partner of choice for many institutions in the Asia-Pacific region as well.”

Xavier Deschamps, managing director at Pricing Partners, added, “Working with highly qualified and experienced people in this region guarantees our Asian clients that our solution will be appropriately incorporated into their local requirements. It is also a great opportunity for us to work with Didier who has an extensive understanding and background in this region. The next step in Asia will be the opening of a Pricing Partners office, with dedicated client support services to deliver high quality client support.”

Related content

WEBINAR

Recorded Webinar: Managing the transaction reporting landscape post Brexit: MiFID II, SFTR, EMIR

The transaction reporting landscape has, for many financial institutions, expanded considerably in size since the end of the UK’s Brexit transition period on 31 December 2020 and the resulting need for double reporting of some transactions to both EU and UK authorities. It has also changed dramatically following the UK government’s failure to reach equivalence...

BLOG

GLEIF Details Technologies Underlying Digital Version of LEI, the Verifiable LEI

The Global Legal Entity Identifier Foundation (GLEIF) has published issuance and technical infrastructure models for the verifiable LEI (vLEI) system it introduced back in December 2020. The vLEI is a secure digital attestation of a conventional LEI and is designed to extend the use of the identifier and, ultimately, enable instant and automated identity verification...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that will be held in June 2021 with an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Corporate Actions USA 2010

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...