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National Bank of Greece selects Quantifi for credit trading

30 June 2009  |  2045 views  |  0 Source: Quantifi

Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, today announced that National Bank of Greece (NBG) has selected Quantifi XL as their front-office tool for pricing and analysing Credit products.

Vangelis Delimpasis, Head of Credit Derivatives trading at NBG, says, "We recognised that having access to market-tested pricing tools and analytics was essential in support of our structured credit trading activities. And Quantifi's name had come highly recommended. We reviewed a number of alternatives, but selected Quantifi XL because the product offers a powerful, flexible and easy-to-use interface. We are particularly impressed with the depth of knowledge and responsiveness offered by Quantifi's staff."
 Rohan Douglas, Founder and CEO of Quantifi, comments, "We are excited to be working with NBG to help support their growing credit trading business. We continue to expand our footprint across the European region and we are delighted to have secured the oldest, largest and strongest financial group in Greece as a client. We look forward to continuing our close working relationship with NBG."

Quantifi XL is an extensive suite of add-in functions for Excel. By using advanced numerical methods, Quantifi XL can be deployed rapidly and achieves fast pricing - providing traders and others with access to sophisticated pricing and risk analysis of credit products from within Excel.

"We are committed to providing the highest level of support to our clients and we're pleased that this was a major factor in NBG's decision to work with us. The addition of NBG as a client adds to the strong growth we've experienced so far this year," says John Peck, Head of Quantifi's EMEA operation.

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