|Pricing Partners named the Most Innovative Specialist Vendor of the year by Risk Magazine|
Pricing Partners (www.pricingpartners.com), the world leader in OTC derivatives pricing analytics, mathematical models and independent valuation, part of Thomson Reuters, is pleased to announce that it has been voted the 2013 Most Innovative Specialist Vendor by Risk Magazine in its annual technology rankings. It has also been ranked as a global Top 10 overall Pricing and Analytics vendor.
Risk Technology Rankings are one of the most prestigious recognitions in the financial market industry. The Rankings polled thousands of votes from banks, hedge funds, pension funds, insurance companies and corporate treasurers to select the best technology vendors across a number of categories. Pricing Partners stood out for the first time as the most innovative vendor. This award further confirms Pricing Partners' strong focus on innovation and R&D, its leading position in the OTC derivatives and risk management fields with the firm's continuous investment in new models, ideas and forefront running research.
Eric Benhamou, Managing Director at Pricing Partners comments “On behalf of Pricing Partners’ team, it is a great honour and pleasure to receive such a notorious and prominent distinction. This award materializes the intelligence and hard work that the teams put in our ground breaking solution, Price-it. I want to thank them for their great commitment to the firm. My second reaction goes to our clients. In an ever changing environment, with upcoming new regulation requirements, constant focus on innovation, imagining the tomorrow’s solution, being hands in hands with our client helped us to create a best in class pricing and analytics engine. We will continue our efforts to deliver to our client this fantastic solution and I am excited for our future.”
About Pricing Partners
Pricing Partners, part of Thomson Reuters, is an international software provider of derivatives pricing analytics and a service provider of independent valuation for all over-the-counter (OTC) derivatives, ranging from plain vanilla to the most complex exotic and hybrid structures, as well as proprietary algorithmic indexes. Its best-of-breed financial library, Price-it®, covers all major asset classes, including interest rates, equity, inflation, credit, foreign exchange, commodities, variable annuities and hybrid products.
Pricing Partners' intrinsic knowledge and innovative solutions empower financial institutions to achieve accurate and transparent valuations on their structured products as well as improve their risk control of the counterparty and collateral management.The valuation process is completely transparent and auditable, with full details on models, calibrations and market data used, which enables users to easily comply with the most stringent regulatory and auditing requirements.
Pricing Partners is named top provider in several pricing and analytics categories in the Structured Products Technology Rankings from 2010 to 2013.
In 2013, Pricing Partners became a part of Thomson Reuters to combine our industry-leading OTC derivatives position with the brand reputation, scale and broad capabilities of Thomson Reuters Pricing Service.
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