Centurion Bank of Punjab, a private sector bank, is deploying SuperDerivatives’ SD-Banks multi-asset derivatives platform, together with its SD-IR interest rates module.
“The SuperDerivatives platforms will be used to strengthen our risk and portfolio management capabilities while expanding fee-based services involving interest rates derivatives,” explained Hemant Pardikar, head of risk, Centurion Bank of Punjab, in a statement. “SuperDerivatives SD-Banks will enable us to manage multi-asset portfolios of exotic options and structured products and calculate exposure in real time. SD-IR, the interest rates derivatives module provides us with true market prices for even the most complex structures, giving us excellent coverage and currency support,” he added.
The SD-Banks platform is designed to boost front and middle office productivity. It provides pricing and risk control, strategy building, sales tools, and online execution. SuperDerivatives says the platform allows fully-automated portfolio management for exotic option portfolios, and easy tracking of banks’ clients trades, executed with the bank. All asset classes are supported from credit, interest rates and foreign currency to equity, commodities and energy.