SuperDerivatives has launched a platform for on-demand derivatives revaluation called eValueX, which allows institutions to manage the derivatives valuation workflow from file upload to valuation retrieval.
The multi-asset platform is being rolled out to all of SuperDerivatives valuation clients at no extra cost. The platform enables users to view the market data used in the calculation of each trade, including curves, dividends and volatility surfaces, and connects directly to the SDX front-office platform for further investigation, scenario analysis and remediation.
eValueX runs on SuperDerivatives global cloud and can support large portfolios in real-time.
SuperDerivatives says the system enhances the reconciliation process by enabling users to access their own administration system to review and correct file uploads and initiate valuation files on demand. Users that use multiple valuation sources can upload them to the system and apply the functionality of eValueX to other valuation sources as well.
eValueX gives market participants the control to access key data points in their portfolios throughout the trading day, says Yuval Levy, chief technology officer at SuperDerivatives. The system offers practically unlimited coverage of assets and derivative products including hybrids in currencies, fixed income, credit, equities, commodities and energy and is powered by our award-winning market data and analytics. This ensures snapshots genuinely reflect the interdealer market.
(CG)