SuperDerivatives seeks to maximize OTC transparency
16 April 2012 London
Image: Shutterstock
Derivatives benchmark and front-office solutions provider SuperDerivatives has launched a derivatives revaluation platform, eValueX.
The multi-asset platform, which is being rolled out to all SD’s valuation clients at no extra cost, allows institutions to view the market data used in the calculation of each trade, including curves, dividends and volatility surfaces. It connects directly to the SDX front office platform for further investigation, scenario analysis and remediation.
"Extreme market volatility and stringent compliance demands have generated a new urgency for intraday, independent valuations. Financial firms can no longer wait until end of day for these updates - real time data is vital," said Howard Tai, senior analyst at Aite Group.
"Transparency and standardization is a must-have to ensure proper management of OTC derivatives portfolios for both investors and regulators."
The multi-asset platform, which is being rolled out to all SD’s valuation clients at no extra cost, allows institutions to view the market data used in the calculation of each trade, including curves, dividends and volatility surfaces. It connects directly to the SDX front office platform for further investigation, scenario analysis and remediation.
"Extreme market volatility and stringent compliance demands have generated a new urgency for intraday, independent valuations. Financial firms can no longer wait until end of day for these updates - real time data is vital," said Howard Tai, senior analyst at Aite Group.
"Transparency and standardization is a must-have to ensure proper management of OTC derivatives portfolios for both investors and regulators."
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