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SuperDerivativesÒ, the benchmark for options and the world’s leading derivatives solution provider for multi-asset option pricing, independent revaluation, trading and risk management systems, has been voted the “Best Data Provider for Derivatives” by financial institutions and corporations the world over as a part of the Inside Market Data Awards 2007.
Other competitors in the “Best Data Provider for Derivatives” category included Bloomberg, Reuters, DTN, Townsend Analytics, Markit, Future Source, GL Trade and Track Data. The award winners were announced at a special dinner hosted by Incisive Media’s Inside Market Data in New York on May 2, 2007. Established in 1986, London and New York based Inside Market Data is a newsletter dedicated to the financial market data business.
SuperDerivatives provides highly accurate real-time and historical derivatives data as part of its interactive web-based applications and as dedicated data feeds for use in 3rd party risk management systems. The data’s accuracy and breadth has led SuperDerivatives to be widely recognized as the benchmark for MiFID Best Execution for hard-to-value OTC options.
“We congratulate SuperDerivatives on winning the derivatives data vendor category in our 2007 awards. With derivatives taking center stage in global capital markets, this new category is set to grow in importance and popularity. Inside Market Data and Inside Reference Data readers voted SuperDerivatives the winner ahead of stiff competition from a range of highly respected companies. We are gratified by the high levels of voting from our global readership, and we feel that this provides the best representation of end-user satisfaction,” said Max Bowie, Editor, Inside Market Data.
Risk managers, controllers, and middle and back office professionals can obtain snapshots and feeds of SuperDerivatives market data for use within internal or third party risk management systems. This includes volatility surfaces, term structures yield and forward curves, correlation data and implied dividend forecasts. All are produced using the SuperDerivatives benchmark option pricing model in conjunction with quality, validated rates from the company’s global contributor network of brokers, exchanges and market-makers. Coverage spans all asset classes – currencies, interest rates, credit, equity, commodities and energy - across developed and emerging countries, exchange and OTC markets. Data files are accessible via the company’s Revaluation Center ‘Derivatives Data Portal’, or automatically over Web Services Application Programming Interface (API) or using any market-standard format and protocol.
“We would like to thank all our clients for their on-going support and feedback. SuperDerivatives is as committed as ever to continue enhancing the quality and relevancy of its derivatives market data. More and more companies are using our Derivatives Data Portal and real-time data feed for risk management control and compliance with MiFID Best Execution and other emerging standards,” said Bonnie Eshel, Head of Market Data, SuperDerivatives.
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 trade options, as well as by numerous corporations, asset managers, hedge funds, auditors and central banks.
The SuperDerivatives’ benchmark option pricing model is the only publicly available 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.
The SuperDerivatives platforms are available for immediate 30-day trial at www.superderivatives.com.
About SuperDerivatives
SuperDerivatives has revolutionized the world of option pricing by introducing transparency to all options. With its real time pricing systems every user can price options with accuracy even greater than the most experienced traders 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 trading professionals as the benchmark pricing for options. SuperDerivatives’ multi award winning, real time pricing platform for all kinds of derivatives are used both by the buy and sell side globally.
The company also provides fully fledged risk management systems and an on-line trading platform. In April 2004 SuperDerivatives launched its benchmark portfolio revaluation services that utilized its benchmark pricing model and independent global market data network. Since then, they have extensively been used by numerous banks, hedge funds, asset managers, custodians and hedge funds administrators.
SuperDerivatives serves its clients diligently in over sixty countries in all continents and has offices in London, New York, Tokyo, Singapore, Buenos Aires, Hong Kong, Sydney and Paris.
Further information: http://www.superderivatives.com
