Emirates Bank in Dubai has selected Quantifi XL from US analytics vendor Quantifi as a front-office tool for pricing and analysing structured credit products.
Markus Fiala, head of structured credit at Emirates Bank says the bank chose Quantifi XL for its full support for a wide range of credit products.
"We are very impressed with the level of support we receive from Quantifi, both now and throughout the evaluation process," he says. "The product is extremely comprehensive and flexible and the pricing models are fast and accurate."
Quantifi XL is designed to provide access to advanced pricing and risk analysis of credit products from within Excel.
Rohan Douglas, CEO of Quantifi, comments: "By securing Emirates Bank as our first client in Dubai, we are strongly positioned to grow our presence within the United Arab Emirates as well as other countries across the Middle East."