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 Pyxis Systems Sign Agreement on Price-it Online Distribution in India

Pricing Partners announced today that Pyxis Systems, a provider of technology solutions and services to the global financial derivatives industry, has chosen its revaluation platform Price-it Online to address their requirements in performing independent revaluation of complex OTC derivatives for a rapidly growing Indian market. This agreement is the first of what hopes to be the prosperous future of Pricing Partners in the region, and acknowledges the company’s presence in the global community.

Pricing Partners’ Price-it Online is available for all major asset classes of derivatives: interest rates, credit, foreign exchange, equities, inflation, commodities, life insurance (variable annuities), energy and hybrids. It incorporates Pricing Partners’ advanced analytics and models with company proprietary market data as input, providing unmatched coverage and true market values for an extremely broad range of structures from the vanilla to the most exotic instruments. The Price-It Online platform’s, flexible architecture provides a perfect match to a dynamic and constantly evolving environment. With Pricing Partners’ innovative SaaS solution, Pyxis Systems will establish a competitive edge on complete and transparent revaluation for derivatives and structured products in the Indian market.

Nandlal Bhatkar (Johnny) from Pyxis commented: “Pricing Partners has always been a progressive force in the derivatives revaluation field. Therefore, we are proud to work with them. This opportunity allows us to bring our clients a higher degree of transparency in the revaluation process of complex OTC derivatives instruments in India. We trust Pricing Partners’ expertise and dedicated services based on their accuracy and distinguished reputation.”

Eric Benhamou affirmed: “Pricing Partners has established itself as a major player in the independent revaluation in Europe. It is the right time for Pricing Partners to start our global expansion across other continents. We already signed something in Hong Kong. This latest deal with a major reference like Pyxis allows us to penetrate Asia with high credentials and get a feeling for revaluation requirements in this continent. We are very proud to work with Pyxis and will put high commitment and resources to make this collaboration a success”

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

LIBOR’s End Should be a New Beginning for Corporate Treasuries’ Data Management

By Neil Sandle, Head of Product Management, Alveo. For many treasuries, LIBOR (London Interbank Offered Rate) is one of their most critical benchmarks. Together with the exchange rates of major currencies it is an essential piece of data, underpinning contracts worth trillions of dollars. The long-standing centrality of LIBOR is why well-publicised global moves to...

EVENT

Virtual Briefing: ESG Data Management – A Strategic Imperative

This briefing 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

BCBS 239 Data Management Handbook

Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the  principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...