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Pricing Partners Moves its Headquarters to Paris’s Prestigious Financial Area - Oct 09

 

Pricing Partners Derivatives-Pricing-Analytics-Independent-Valuation

 

Pricing Partners Moves its Headquarters to Paris’s Prestigious Financial Area

 
 Pricing Partners Head-quarters

Paris-London: Pricing Partners (www.pricingpartners.com), the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, proudly announced today that it will move its headquarters to central Paris’s downtown area in November 2009 as a result of impressive growth and a consistent demand for products and services. The new address will be:

Pricing Partners,  

6 rue Rougemont

75009 PARIS

France

Pricing Partners is expanding at a rapid rate, adding more staff, developing new products and extending its client portfolio. After three years in the Paris Cyber Village, an incubator dedicated to young and innovative companies, Pricing Partners has exceeded expectations and decided to move to the most prestigious financial center: the 9th arrondissement, a district famous for the historical Paris stock exchange, Palais de la Bourse and an abundance of French banks. Located in the heart of the city, Pricing Partners will make itself more accessible meanwhile providing better facilities for Paris-based clients. This relocation is a sign of business development and corresponds to Pricing Partners strategic objective, being a leader as a provider of cutting edged pricing models and analytics in the financial industry.

“Pricing Partners has reached critical mass. It is the time for Pricing Partners to move into prestigious offices with greater proximity to our clients to provide unmatched quantitative support and service” comments Eric Benhamou, CEO at Pricing Partners.

Founded by former professionals of the trading floor, working in investment banks like Goldman Sachs, Société Générale, Natixis or HSBC, in the past two years Pricing Partners has become over a major player in the financial field. In October 2008, Pricing Partners launched its Internet independent valuation platform, Price-it® Online, which affirms its leading place in financial modeling as well as an independent valuations provider. Designed for all major assets like Interest Rates, Equity, Inflation, Credit, Foreign Exchange, Commodities, and Life Insurance to Hybrid products, Price-it® comes either as a software tools or an Internet Platform, providing all the tools for the transparent valuation on structured products. Price-it® online uses cutting edge mathematical models together with a new language to describe the complexity of any structured products. 

 

About Pricing Partners

Set up by former professionals of the trading industry, Pricing Partners offers accurate solutions for derivatives products valuation, pricing tools and risk analytics. Thanks to Price-it online, a SaaS platform, Pricing Partners provides independent valuation from the vanilla to the most exotic financial products on most assets (Interest Rates, Fixed Income, Equity, Inflation, Credit, Foreign Exchange, Commodities, Life Insurance and Hybrid products). Pricing Partners develops and commercializes Price-it Excel, an analytic and independent pricing library using a generic payoff language description which allows the pricing of virtually any financial derivatives. Price-it also supports VaR, CVaR and the most common risk management tools. Pricing Partners is the only company completely mastering the chain of valuation, developing both its own pricing library and a valuation platform, which give its clients very accurate and reliable valuation as a result of its intrinsic knowledge of the pricing tools. Pricing Partners solutions can be used by investment banks, buy side firms, hedge funds, financial departments, trading rooms and audit firms.

Pricing Partners has also signed numerous partnerships to distribute its technology with leading institutions like NYSE Euronext (for its independent valuation service via Prime Source), Misys (for its pricing library integrated into Summit), CMA or Lexifi. It is a Microsoft IDEES partner, an IBM, Sun, Datasynapse and ActiveEon partner. Furthermore, it is a member of the grid research consortium GCPMF uniting BNP Paribas, Calyon, Ecole Centrale, EDF, ENPC, INRIA, Natixis, Misys, Pars VI University and Supelec and a global coordinator of the Credinext consortium, in collaboration with Prime Source, Lunalogic, Ecole Polytechnique, ENPC, University of Marne La Vallée and INRIA.

Media Contact:

Yuxin Mao

Pricing Partners,

Direct: +33 1 55 26 42 00

Fax: +33 1 5526 42 03

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

http://www.pricingpartners.com