|Pricing Partners Introduced a Generic Solver to Smoothen Trades Structuring - Dec 2011|
Leveraging the scripting language that allows pricing virtually any financial derivatives, this solver can for instance help to determine ATM strike level in any payoff. This can also be used to reverse engineer model parameters level to match counterparty prices on complex trades, or to determine some product characteristics to match a specific price on a given trade.
Eric Benhamou, CEO of Pricing Partners comments: “This tool has been long awaited by our clients to give them the ability to structure trades seamlessly. This tool is now shipped in the March release. This should reinforce the added value of our solution to structure derivatives in pre-trade phase.”
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 the overall winner in Pricing and Analytics by Structured Products Magazine in 2010 and 2011.
Direct: +33 1 70 60 72 46
Fax: +33 1 70 60 72 31