New York (HedgeCo.net) – A pioneering tool for accurately valuing over-the-counter (OTC) and exchange-traded derivatives was launched today to hundreds of fund managers at the industry’s key annual conference in Monaco.
SuperDerivatives (SD), the derivatives benchmark, announced the launch of its Revaluation Investigation and Analysis system (RIAS) to validate valuations for complex and vanilla derivatives in all asset classes, heralding the application as a milestone to assist professionals managing all sorts of financial instruments. RIAS allows the user to provide a set of shifts in the underlying yield curves and volatility surfaces and the system displays the resulting valuations and associated risk measure.
“Regulators agree that seeking an independent valuation based on the best available data across the widest range of instruments is best practice. We have delivered the tool for this need.” David Gertler, Director of Strategic Sales at SD, said, “SD’s new investigation and analysis system offer a truly world-class service for investors, with its rich combination of analytics, wide asset coverage, proven technology and unrivalled risk management tools.