Fulcrum, a fund administrator for the alternative investment management industry, has selected SuperDerivatives, a derivatives solutions provider, to perform revaluation services for its hedge fund clients. Fulcrum will be using SuperDerivatives’ SD-Revaluation product for portfolios containing interest rate and credit derivatives.
Fulcrum services the hedge fund industry with strategies and structures that trade heavily in OTC instruments, derivatives, distressed securities, convertibles, credit default swaps, insurance-linked products, and private equity as well as more traditional security types such as equities and listed bonds.
“Within the industry we are seeing an increasing number of funds trading in hard-to-value OTC derivatives,” says Tim Thornton, director of risk at Fulcrum. “To add value to our clients we pride ourselves on being able to service complex portfolios, which is why we looked for an independent, accurate and efficient revaluation source – a service that could easily handle any complex instrument.”
SD-Revaluation is powered by SuperDerivatives’ benchmark pricing model. SuperDerivatives says SD-Revaluation provides coverage and true market values for a range instruments. It also provides market value-at-risk and counterparty exposure analysis reports, as well as profit-and-loss and performance reporting for all asset classes, from credit to currencies, equities, energy and commodities.