|Hana Daetoo Securities Deploys Pricing Partners’ Derivatives Pricing Solutions - Mar 2011|
Pricing Partners, the world leader in OTC derivatives pricing analytics, mathematical models and independent valuations, announced today that Hana Daetoo Securities has chosen Pricing Partners’ derivatives pricing solutions, Price-it Excel. Hana Daetoo Securities is the investment banking subsidiary of Hana Financial Group. The agreement was signed through its regional distribution partner Belatos.
Hana Daetoo Securities will deploy Pricing Partners’ flagship derivatives pricing engine, Price-it Excel, for its trading desks to improve the pricing performance of its derivative products. After a comprehensive assessment on Price-it Excel, Pricing Partners’ proprietary financial library has proven its unparalleled accuracy on the calibration methods and models, greater usability and efficient support services.
Eric Benhamou, CEO of Pricing Partners added: “We are very pleased and proud that Hana Daetoo Securities chose Pricing Partners’ derivatives pricing solutions. This agreement will be a landmark for Pricing Partners’ development in the region. We believe that our award winning pricing solutions will help our client better analyze and control risks of their derivative structures. We are looking forward to building a long term relationship with Hana Daetoo Securities in the future.”
About Hana Daetoo
Hana Daetoo Investment Bank is the investment banking arm of the Hana Financial Group (HFG), Korea’s leading financial services group with broad assets holdings. Backed by the strength and stability of HFG, Hana IB offers a wide range of investment banking services for our clients, who look to us for sound advice and innovative solutions.
For more information, please visit http://www.hanaib.com/
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.
Direct: +33 1 70 60 72 46
Fax: +33 1 70 60 72 31