ICECAPITAL deploys SuperDerivatives to power structured products offering
London, 28 May 2012: ICECAPITAL, one of Finland’s premier asset management companies, has selected SDX, the leading real-time cross-asset front office system by SuperDerivatives (SD), to support its structured products investment offerings to the local market.
Niklas Akerfelt, Managing Director at ICECAPITAL Financial Products Ltd said: “After reviewing the options available to us, we selected SDX for its unique ability to replicate market prices of complex products. SuperDerivatives’ wide product offering, expansive instrument coverage and the intuitive user interface were additional factors that influenced the decision making process.”
Akerfelt continued: “Deploying SDX has already improved the efficiency of our structuring and calibration processes, improving the firm’s counterparty and customer relations. SDX will also enhance our overall client service and response time.”
Omer Nimrodi, Regional Sales Manager, SuperDerivatives, added: “The Nordic region is a demanding and competitive marketplace. Asset management companies such as ICECAPITAL have a growing need for technology that enables accurate pricing, analytics and management of complex derivatives structures. This is demonstrated by SuperDerivatives’ rapidly expanding customer base in the region. Using SDX will assist ICECAPITAL in growing its structured products business and meeting various client needs.”
SDX is a real-time front office system powered by SD’s award winning market data, delivering independent price discovery, innovative pre and post-trade deal management tools, advanced analytics and rich coverage for the widest range of structured products.
SuperDerivatives is transforming the world of derivatives by introducing transparency to all major traded derivative classes. Providing prices that reflect the interdealer market has led the company’s web-based, market-calibrated solutions to be widely accepted as the benchmark for derivatives pricing.
At the core of all the company’s solutions is SuperDerivatives’ extensively sourced and intelligently amalgamated market data, comprising true live market rates that are acid tested in real-time in the marketplace by active traders and run through a proven pricing model.
Trading professionals on both the buy and sell side benefit daily from SuperDerivatives’ unique combination of unbiased, aggregated market data and sophisticated modelling techniques. The company also provides fully-fledged risk management solutions, award winning derivatives data and independent portfolio revaluation services.
SuperDerivatives’ customers include leading banks, hedge funds, asset managers, custodians and hedge fund administrators in more than 60 countries, supported by a global network of SuperDerivatives offices with 24-hour support services.