19 October 2017
visit www.response.ncr.com

StatPro upgrades asset pricing service

16 October 2009  |  1303 views  |  0 Source: StatPro Group

StatPro Group, a leading provider of portfolio analytics and financial data services for the global asset management industry, today announces two enhancements to its system for pricing complex financial assets.

T+0 pricing for credit default swaps and 142 new bond-pricing functions have been added to the software-as-a-service.

Complex Asset Pricing (CAP) produces model prices for OTC Derivatives and complex/illiquid bonds. The initiative covers instruments such as Interest Rate Swaps, Credit Default Swaps on single names and baskets, FX Forwards and Equity Options - that need a 'complex' valuation model and traded market data to be priced.

There is a strong demand in the market for independent, transparent and accurate pricing of complex assets at competitive rates. The service is aimed at performance teams, valuation teams, auditors and back office staff at large or small investment management firms, custodians and hedge funds if they are managing, administering or are investing in assets of a complex nature.

"We can now deliver T+0 prices for CDS combined with an intra-day pricing run for all asset classes," said Dario Cintioli, Global Head of Risk at StatPro. "We have also added 142 bond pricing functions of complex and illiquid bonds to CAP giving us a total of 154 pricing functions for complex assets. We believe this makes our service one of the most comprehensive available on the market."

"We are constantly investing to improve our complex asset pricing service. We already have a number of clients live on the system today and this enhancement makes the service extremely attractive to a much wider audience." said Justin Wheatley, CEO at StatPro. "With 154 pricing functions our service is the equal of any other in the market in terms of coverage and we believe the best value of any."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comvisit www.capgemini.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15538 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8726 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8372 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7819 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6975 views comments | 9 tweets | 17 linkedin

Featured job

Find your next job