SuperDerivatives, a provider of option pricing, independent revaluation, trading and risk management systems, has released a new version of SD-IR”, its interest rate options and structured products platform. The enhancements made to the system are based on feedback from clients worldwide in banks, hedge funds, asset managers and corporations.
The enhancements to SD-IR increase the value of the system for SuperDerivatives’ global user base. SD-IR supports many additional built-in structured products, exotic options and emerging markets. It provides structuring wizards and builders and includes enhancements for reading cash flows from external systems and generating the appropriate hedging.
“The updated SD-IR addresses the on-going requests of our numerous users all over the world,” says Robert Emerson, global interest rates options specialist, SuperDerivatives. “It specifically attends to the demands of the many structured products desks that have standardised on SD-IR as it allows them to dramatically increase sales, productivity and profits. We are committed to developing the system further to ensure full coverage for all markets and instruments, allowing market participants of all sectors to most effectively achieve their trading goals”, he adds. “In less than two years SD-IR has become the only commercially available system that provides accurate real-time pricing as well as advanced analytics and risk management for interest rate options,” notes Emerson.
Among the highlights of the release is the Structured Product Builder”, which allows users to efficiently construct custom structured products. Support was added for several additional advanced exotic options and option-embedded structures including inflation, Ionia, and dual currency-linked structures. SD-IR now supports a number of emerging markets including Mexico, Brazil, Chile India, Taiwan and Turkey with built-in market conventions and real-time yield curve and volatility data.
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 both buy- and sell-side firms.