|Incisive Capital Management Selects Pricing Partners’ Price-it Excel - Feb 10|
Incisive Capital Management Selects Pricing Partners’ Price-it Excel
Pricing Partners (www.pricingpartners.com), the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced that Incisive Capital Management Ltd, the Dublin based investment management firm, has selected Price-It Excel to price and risk manage their inflation linked business.
Pricing Partners' flagship software, Price-It Excel, authorizes Excel to price and value with a generic and intuitive language and cashflow, allowing the description of virtually any product. Featured for its flexible market data inputs and accurate calibration methods and models, Price-It Excel gained the confidence of Incisive Capital Management to value and risk-monitor its inflation related products.
Aogan Foley, Managing Director at Incisive Capital Management commented, "We were looking for a high quality pricing engine on inflation offering similar models to those developed and used by banks in the market. The flexibility of the library, the quantitative expertise and the support provided by Pricing Partners suited entirely our requirements.”
Eric Benhamou, CEO of Pricing Partners and former Goldman Sachs quant stated, “We are delighted to be working with ICM. The inflation business requires very accurate tools and our software provides clients with the options they need. Thanks to the generic payoff scripting language, ICM now has the capacity to price and risk-manage virtually any inflation derivative and should receive very positive returns on their investment with the Pricing Partners system.”
About Incisive Capital Management
Incisive Capital Management (“Incisive”) is a European credit asset manager with experience in managing large credit portfolios. It recently expanded its capabilities to include inflation-linked assets. The Incisive investment style is one of capital preservation, while targeting superior risk-adjusted returns in structuring and managing European credit and structured credit funds. Incisive currently manages a European CDO Equity Fund and also provides administration services to special purpose investment vehicles. The company is regulated by the Irish Financial Services Regulatory Authority.
For more information, please visit: www.icm.ie
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. Pricing Partners delivers its solutions in two different means. Through 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). On the other hand, 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 masters the chain of valuation and develops its own pricing library and valuation platform. Its intrinsic knowledge and understanding of the pricing methodologies/models enable its clients to achieve highly accurate and reliable valuation on their derivatives books. Pricing Partners solutions can be used by investment banks, asset management firms, hedge funds, corporations, pension funds, fund administrators and audit firms.
Pricing Partners has also signed numerous partnerships to deliver its technology through local distributor like Belatos in Hong Kong, as well as with leading institutions like Thomson Reuters (for its pricing library integrated into Kondor+ Structured Products), Misys (for its pricing library integrated into Summit), 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 Thomson Reuters, Lunalogic, Ecole Polytechnique, ENPC, University of Marne La Vallée and INRIA.
Direct: +33 1 70 60 72 46
Fax: +33 1 70 60 72 31