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: Evolution of data management for the buy-side 2021

The buy-side faced a barrage of regulation in 2020 and is now under pressure to make post-Brexit adjustments and complete LIBOR transition by the end of 2021. To ensure compliance and ease the burden of in-house data management, many firms turned to outsourcing and managed services. But there is more to come, as buy-side firms...

BLOG

SimCorp Extends Partnership with SIX as it Builds Out Open Platform for the Buy-Side

SimCorp has extended its partnership with SIX to provide clients with global reference, pricing and regulatory data directly into SimCorp Dimension. The move responds to buy-side demand for greater flexibility and choice in investment operations, and continues SimCorp’s drive to create Open Platform, an open and value driven ecosystem to support the buy-side with greater...

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together 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

The Data Management Implications of Solvency II

Bombarded by a barrage of incoming regulations, data managers in Europe are looking for the ‘golden copy’ of regulatory requirements: the compliance solution that will give them most bang for the buck in meeting the demands of the rest of the regulations they are faced with. Solvency II may come close as this ‘golden regulation’:...