Source: Pricing Partners
Pricing Partners, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, and MathFinance, a world leader in quantitative engineering, with strong expertise in pricing and hedging foreign exchange and equity derivatives announced today that they will join forces to provide clients a even more global offering, combining software and quantitative conssulting.
Under the agreement, Pricing Partners and MathFinance will cross sell their respective offering in order to provide cutting edge quantitative software and consulting services as well as leverage their respective client bases.
Eric Benhamou, Pricing Partners CEO, comments: "We are very happy to collaborate with Uwe. Uwe built MathFinance, a world class company that has developed a very strong reputation among the quantitative finance research community. With this partnership, we will be able to leverage both our combined expertise and proximity to the German and French markets."
Uwe Wystup, MathFinance CEO, comments: "The partnership with Pricing Partners is a valuable first step of our envisioned long-term collaboration. We are happy to work with Eric and his group, because we have a similar background in quantitative finance and its industrial applications. Whereas Pricing Partners focuses on the development of the pricing software for all asset classes, MathFinance mostly works in Foreign Exchange markets. The idea of our partnership is to bundle our respective expertise to provide both our clients an even better service and make our services available in France and Germany."