EDI collaborates with Derivative Partners on independent valuation
Reference and corporate actions data specialist Exchange Data International has struck a deal with with Derivative Partners, a provider of risk management and valuation services of structured products, to provide valuations for a range of structured products and complex derivative instruments.
The current service covers result sets combining various asset classes including equity, indices, FX and commodities, payoffs and pricing models.
Derivative Partners operates a scalable architecture for providing daily independent valuations, currently calculating over 200,000 instruments using its own database and proprietary valuation models. In combination
Jonathan Bloch, chief executive at EDI, said: “We have noticed an increased demand from our clients for independent portfolio valuations and more especially for complex financial derivatives and structured products over the last years. We are very pleased to have partnered with Derivative Partners and provide our clients with a reliable and impartial valuation solution that will help them meet the transparency standards.”