Hana Daetoo Securities Deploys Pricing Partners Derivatives Pricing Solutions
Pricing Partners, the world leader in OTC derivatives pricing analytics, mathematical models and independent valuations, announced March 31 that Hana Daetoo Securities has chosen Pricing Partners’ derivatives pricing solutions, Price-it Excel. Hana Daetoo Securities is the investment banking subsidiary of Hana Financial Group. The agreement was signed through its regional distribution partner Belatos.
Hana Daetoo Securities will deploy Pricing Partners’ flagship derivatives pricing engine, Price-it Excel, for its trading desks to improve the pricing performance of its derivative products. After a comprehensive assessment on Price-it Excel, Pricing Partners’ proprietary financial library has proven its unparalleled accuracy on the calibration methods and models, greater usability and efficient support services.
Eric Benhamou, CEO of Pricing Partners added: “We are very pleased and proud that Hana Daetoo Securities chose Pricing Partners’ derivatives pricing solutions. This agreement will be a landmark for Pricing Partners’ development in the region. We believe that our award winning pricing solutions will help our client better analyze and control risks of their derivative structures. We are looking forward to building a long term relationship with Hana Daetoo Securities in the future.”