|Pricing Partners Opens New Office in Singapore - Feb 10|
Pricing Partners Opens New Office in Singapore
Pricing Partners (www.pricingpartners.com), the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today the opening of its new regional office in Singapore which will provide global distribution of its products and services across Asia and respond to the international requirements of independent revaluation.
After already signing a distribution agreement in Hong Kong, Pricing Partners continues to effectively provide permanent local support to its Asian client base. While currently holding offices in Paris and London, Pricing Partners Singapore office will bring new market exposure in Asia among some of the fastest growing economies. The new office reflects Pricing Partners’ progressive willingness to extend its footprint across the world.
The Singapore office will be directed by Rosh K Rai who has over 15 years of sales/business development experience in Asia. Prior to working with Pricing Partners, Rosh worked for a leading derivatives solution firm and Thomson Reuters Financial in both Hong Kong and Singapore where he developped business throughout the Asia Pacific region. Rosh’s wide selling experience and breadth knowledge of financial markets should propel Pricing Partners’ Asian development to new heights.
Eric Benhamou, CEO of Pricing Partners comments: “Rosh has not only a long experience in sales and business development, but also an excellent understanding of our technical services and expertise. Thanks to him, we expect a continued growth in the next year in Asia. I welcome Rosh on board and wish him a long rewarding and successful career at Pricing Partners.”
Founded by former professionals of the trading floor, working in investment banks like Goldman Sachs, Société Générale, Natixis or HSBC, Pricing Partners has become a major player in the financial derivatives fields in the past two years. 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, Commodity, and Variable Annuity to Hybrid products, Price-it® comes either as software 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), Thomson Reuters (for its pricing library integrated into Kondor+ Structured Products), CMA, Fitch Solutions 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, Paris 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.
Office Contact Information:
Pricing Partners Asia Pte. Ltd.
541 Orchard Road
#09-01 Liat Towers
Rosh K Rai, Asia Sales Manager,
Office: +65 6735 5523 ext: 216
Mobile: +65 9092 2105
Fax: +65 6735 5394
Direct: +33 1 70 60 72 46
Fax: +33 1 70 60 72 31