20 October 2017
visit www.avoka.com

SuperDerivatives signs Columbus Avenue Consulting to credit derivatives platform

22 January 2008  |  1521 views  |  0 Source: SuperDerivatives

SuperDerivatives, the benchmark for options pricing and the leading multi-asset derivatives platform for revaluation and risk management, today announced that hedge fund administrator Columbus Avenue Consulting, LLC has selected its credit derivatives platform, SD-CD to price its clients' portfolios.

With over $6.5 billion in assets under administration and over 45 employees worldwide, Columbus offers full onshore and offshore administrative services to hedge fund and fund of hedge fund clients.

"With credit derivatives increasingly prevalent in our hedge fund client's portfolios, we needed an independent accurate and reliable pricing and analytics solution. We chose SuperDerivatives' SD-CD after confirming the platform's accuracy by comparing the prices it produces with actual traded prices and dealer quotes," said Joseph Holman, president & CEO. "We found SD-CD to be the only system of its kind to be fully-inclusive with all needed historical and real-time data feeds. It also is proving a tremendous boost to our productivity as SD-CD enables us to track all of our portfolios on one screen. Efficiency has been further enhanced by SD-CD's short learning curve and intuitive design, allowing us to increase both the range and quality of our services in a very short time, significantly improving our competitiveness."

An integral part of the SuperDerivatives multi-asset real-time pricing and analytics platform, SD-CD covers a broad variety of credit default single names such as sovereigns, agencies, corporates and municipals - as well as credit default indices. It also includes a calibrated pricing model for bespoke synthetic tranches, facilitating efficient and transparent hedging and risk management of CDOs. The SD-CD platform provides intraday pricing relying on tradable two-way data from multiple sources, portfolio utilities and all market risk metrics.

"We are delighted to welcome Columbus Avenue to our global customer roster of hedge funds and other sell-side and buy-side institutions in both the front and middle office. SD-CD has proven itself to be an exceptionally accurate platform, consistently producing rates that reflect the inter-dealer market consensus prices and spreads. There is an increasingly strong demand for this level of accurate pricining and risk management functionality for credit derivatives," said Sasha Rozenberg, credit product manager for SuperDerivatives. "In 2008 we will continue to expand the coverage and functionality of the system for the benefit of all market participants."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comRegister nowvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15902 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
9007 views comments | 16 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8138 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7182 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6327 views comments | 6 tweets | 3 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job