Oz investment management firm Challenger selects SuperDerivatives revaluation service

Source: SuperDerivatives

SuperDerivatives, a leading financial information, derivatives technology and trade execution provider, has announced it will provide its portfolio revaluation services to Challenger, Australia's seventh largest investment management firm.

In response to demands from their boutique fund managers to value increasingly diverse structures, Australian investment management firm Challenger Limited has selected the bespoke revaluation service from SuperDerivatives. This provides Challenger with valuations for any basket option specified, including across every constituent of the ASX 200 index and their underlying securities, meaning that they can price faster and more accurately than ever before.

In addition, as part of the service, Challenger will also be able to benefit from SuperDerivatives' real-time market data, news and analysis platform DGX, which offers the widest coverage of cash and derivatives data.

Mr Javier Arango, Head of Middle Office at Challenger, comments, "We needed a new partner to meet the increasingly complex pricing requirements from our boutique fund managers and SuperDerivatives rose to the task quickly, accurately and at a very competitive price. SuperDerivatives' provides us with the widest coverage - not only for complex portfolios, but also for all other assets right down to simple vanilla fixed income and equity products. With this service in place we can now work far more efficiently and effectively for our clients."

Mr Jacob Green, Vice President Asia Pacific at SuperDerivatives added, "We are delighted that Challenger has chosen to use our revaluation services, joining asset managers across the World who are benefiting from SuperDerivatives' quick and accurate pricing across entire portfolios - no matter how diverse. We look forward to our continuing relationship with Challenger, and helping their business go from strength-to-strength."

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