04/04/2007
LONDON and NEW YORK, April 4 /PRNewswire/ -- SuperDerivatives(R), the benchmark for options and the leading provider
of multi-asset option pricing, independent revaluation, trading and risk
management systems, announced today that Saab is using its multi-asset
real-time derivatives pricing and risk management platforms to implement the
company's hedging strategy and to optimize the returns of its treasury
pension trust.
"Our challenge was to manage the exposures of a global business with
incoming and outgoing cash flows in numerous currencies and P&L reporting in
the Swedish Krona. This required a powerful independent analytics and risk
management platform that could provide us with live and accurate pricing for
currency options. After extensive search, SuperDerivatives emerged as the
only logical choice to address those needs," said Stefan Lind, Assistant
Treasurer, Saab. "Thanks to the platform's user-friendliness we were able to
get up to speed very quickly and also enhance our mastery of the latest
hedging instruments and techniques. Building on our positive experience with
the SuperDerivatives platform, we are now also adopting it for enhancing
investment returns of our employee pension fund using interest-rates
derivatives."
Award-winning SuperDerivatives provide real-time, accurate market prices,
risk management and analytics on an always-on web-based platform with all
market data constantly streamed. The SuperDerivatives platform supports
currencies, interest rates, commodities, energy and equities options as well
as credit derivatives. The platform includes specialize built in and custom
hedging tools, including the automated Looking For Strategy(TM) constraint and
goal-based hedging planner, specifically designed for corporate treasury use.
It also includes various risk, analysis and performance reports.
"Multinational corporations such as Saab are increasingly using
SuperDerivatives platforms to manage their exposures by obtaining option
prices that reflect the real fair market value. This is a must not only to
reduce risk and hedge exposure in the most economical way but also to meet
accounting compliance requirements such as IAS 39, FAS133 and FAS157 and
MiFID," said Udi Sela, Head of Product Support, EMEA, SuperDerivatives. "We
are happy to support Saab both in their treasury operation and in improving
their pension funds return-to-risk ratio".
The SuperDerivatives platforms are available for immediate 30-day
unlimited trial at www.superderivatives.com.
Press Contacts:
UK
Jonathan Angeloni / Ben Jarrold
Metia
e: jonathan.angeloni@metia.com
t: +44-(0)-20-3100-3566
e: ben.jarrold@metia.com
t: +44-(0)-20-3100-3610
SuperDerivatives Contact:
Michael Swack
Media Relations Manager, SuperDerivatives
e: m.swack@superderivatives.com
t:+ 44-207-648-1099
SuperDerivatives
LONDON and NEW YORK, April 4 /PRNewswire/ -- SuperDerivatives(R), the benchmark for options and the leading provider
of multi-asset option pricing, independent revaluation, trading and risk
management systems, announced today that Saab is using its multi-asset
real-time derivatives pricing and risk management platforms to implement the
company's hedging strategy and to optimize the returns of its treasury
pension trust.
"Our challenge was to manage the exposures of a global business with
incoming and outgoing cash flows in numerous currencies and P&L reporting in
the Swedish Krona. This required a powerful independent analytics and risk
management platform that could provide us with live and accurate pricing for
currency options. After extensive search, SuperDerivatives emerged as the
only logical choice to address those needs," said Stefan Lind, Assistant
Treasurer, Saab. "Thanks to the platform's user-friendliness we were able to
get up to speed very quickly and also enhance our mastery of the latest
hedging instruments and techniques. Building on our positive experience with
the SuperDerivatives platform, we are now also adopting it for enhancing
investment returns of our employee pension fund using interest-rates
derivatives."
Award-winning SuperDerivatives provide real-time, accurate market prices,
risk management and analytics on an always-on web-based platform with all
market data constantly streamed. The SuperDerivatives platform supports
currencies, interest rates, commodities, energy and equities options as well
as credit derivatives. The platform includes specialize built in and custom
hedging tools, including the automated Looking For Strategy(TM) constraint and
goal-based hedging planner, specifically designed for corporate treasury use.
It also includes various risk, analysis and performance reports.
"Multinational corporations such as Saab are increasingly using
SuperDerivatives platforms to manage their exposures by obtaining option
prices that reflect the real fair market value. This is a must not only to
reduce risk and hedge exposure in the most economical way but also to meet
accounting compliance requirements such as IAS 39, FAS133 and FAS157 and
MiFID," said Udi Sela, Head of Product Support, EMEA, SuperDerivatives. "We
are happy to support Saab both in their treasury operation and in improving
their pension funds return-to-risk ratio".
The SuperDerivatives platforms are available for immediate 30-day
unlimited trial at www.superderivatives.com.
Press Contacts:
UK
Jonathan Angeloni / Ben Jarrold
Metia
e: jonathan.angeloni@metia.com
t: +44-(0)-20-3100-3566
e: ben.jarrold@metia.com
t: +44-(0)-20-3100-3610
SuperDerivatives Contact:
Michael Swack
Media Relations Manager, SuperDerivatives
e: m.swack@superderivatives.com
t:+ 44-207-648-1099
SuperDerivatives
No comments:
Post a Comment