|Pricing Partners Provides Closed Form for CMS Spread and CMS Spreads Range Accrual - Jan 2011|
Pricing Partners Provides Closed Form for CMS Spread and CMS Spreads Range Accrual
Pricing Partners (www.pricingpartners.com), the world leading derivatives independent valuation, mathematical models and pricing analytics provider, announced today to enhance its CMS Spread and CMS Spreads range accrual products pricing.
CMS Spread and CMS Spreads range accrual have been the bread and butter in interest rates derivatives. Pricing Partners has lately strengthened its pricing engine to provide analytical pricing for CMS spread and CMS spreads range accrual. This leverages the Hagan Adjuster methodologies in order to price more accurately these very popular products.
Eric Benhamou, CEO of Pricing Partners and a former Goldman Sachs employee commented: "Driven by market evolution towards more vanilla products with closed forms pricing, we are revisiting some of our generic platforms to provide faster and more accurate pricers."
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 with full transparency.
Pricing Partners delivers:
Pricing Partners offers cover commodity, credit, equity, fixed income, fx, funds, inflation, interest rates, life insurance and hybrids OTC products. They are widely adopted by investment banks, asset management firms, hedge funds, corporations, pension funds, fund administrators and audit firms.
Pricing Partners holds offices in Paris, London, Singapore and Hong Kong. Its solutions have been ranked number 1 in Pricing and Analytics by Structured Products Magazine in 2010.
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