SuperDerivativesÒ, the benchmark for options and the leading provider of option pricing, independent revaluation, trading and risk management systems announces that Citigroup, Credit Suisse, Morgan Stanley, Standard Chartered ABN Amro, ING, and Mitsubishi have recently licensed SD-CM, the SuperDerivatives real-time pricing and analytics platform for commodities and energy options for their trading, structuring and sales desks around the world. These banks join a long list of banks that had previously adopted the system, including Banco Santander and BBVA.
SD-CM provides real-time, market-accurate prices for commodities and energy options. It contains a very rich set of analytical and structuring utilities, marketing tools to assist the sales force as well as mark-to-market and risk management tools to enable banks provide rich services for their clients. Its coverage spans an extremely wide range of vanilla and exotic options, swaps and swaptions, Asian strips and strategies, multi-leg structures, spread and correlation products - whether traded in the over-the-counter (OTC) or exchange-traded markets, all with built-in real-time market-data feeds.
“The adoption of SD-CM by so many world-class institutions stems from the fact that these banks realized that the platform is pioneering in its coverage, accuracy and functionality in the energy and commodity options markets and that it brings them to market a lot faster, by saving the long time needed to develop such technology in-house. We put a lot of effort towards making SD-CM the most accurate, powerful and user friendly tool for traders, sales people, structurers and risk controllers, and are exceedingly gratified to see that the world’s leading practitioners adopt it in an increasingly rapid pace”, commented SuperDerivatives product manager Leor Jivotovsky, .
“Banks of all sizes, asset managers and hedge funds all try to quickly and massively expand their commodities and energy option trading. Happily, SD-CM allowed many of our clients to reap considerable profits by quickly and effectively leveraging the rising volatility and trading volumes. With SD-CM our customers were able to show a significant increase in both sales and profits within only a few months. ", concluded Jivotovsky
SuperDerivatives’ products, including real-time pricing and analytics systems, risk management systems, portfolio revaluation services, options market data portal and online trading capabilities, are used by numerous companies from both the buy and sell side. Its pricing platforms are used by almost all the banks around the world that are active in options, as well as by numerous corporations, asset managers, hedge funds, auditors and central banks.
SuperDerivatives’ benchmark option pricing model is the only publicly visible and market tested model whose accuracy in generating real market prices for all types of derivatives has been proven and validated continuously for several years.
About SuperDerivatives
SuperDerivatives has revolutionized the world of option pricing by introducing transparency to all types of options in all markets and asset classes. With the SuperDerivatives real-time pricing systems every market-participant can price options with as accurately as the most experienced trader in the largest investment banks on Wall Street and the City of London. By providing prices that consistently reflect the inter-dealer market, the company’s products are now accepted and regarded by the majority of professional as the benchmark for option pricing. SuperDerivatives’ multi award winning real time pricing platforms for all types of derivatives and structured products are used by thousands of professionals from both the buy and sell side all over the world.
SuperDerivatives’ benchmark option pricing model is the only publicly visible and market tested model whose accuracy in generating real market prices for all types of derivatives has been proven and validated continuously for several years.
In addition to its renowned real-time pricing & analytics platforms, the company also provides full fledged risk management systems with specifically tailored versions for banks, hedge funds and commercial corporations and a global on-line electronic trading platform. In April 2004 SuperDerivatives launched its benchmark portfolio revaluation services that utilize its benchmark pricing model and its independent global market data network. Since then, the SuperDerivatives revaluation services have extensively been used by numerous banks, hedge funds, asset managers, custodians and hedge funds administrators.
By introducing an unparalleled level of transparency, SuperDerivatives has brought benefits to the entire derivatives community, from buy side to sell side, and from large institution to small. Option trading volume has grown dramatically due to increased demand by buy side institutions that utilize SuperDerivatives systems for pricing and risk management.
The company remains committed to its original mission – to introduce transparency and deliver powerful trading and risk management tools to all existing and potential derivative users. By making its products available to anyone, SuperDerivatives has a leveled the playing field in option pricing, portfolio revaluation, trading and risk management.
SuperDerivatives has been recognized in the market by repeatedly winning multiple customer-voted awards for its various products. Its recognitions include winning the Euromoney award for three years in a row for Best Options Platform, Best Option Pricing and Risk Management award by FX Week from 2003 through 2006, as well as winning #1 award for Analytics by Risk Magazine. Reaching beyond the derivatives market, in 2005 and again in 2006 SuperDerivatives was ranked among the top 40 online financial companies by Institutional Investor magazine.
The company operates all over the world and has offices in London, New York, Tokyo, Singapore, Buenos Aires and Paris.
Additional information about SuperDerivatives can be found at http://www.superderivatives.com
