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Carnegie Bank Picks SuperDerivatives for Independent Equity Derivatives Valuation
Carnegie Investment Bank has chosen SuperDerivatives to perform independent valuation services for its equity derivatives portfolio. SuperDerivatives is the benchmark for derivatives pricing and the leading provider of multi-asset front-office systems, risk management, revaluation and online options trading solutions, Carnegie is a Nordic investment bank that provides financial products and services from its offices in Sweden, Norway, Denmark, Finland, Luxembourg, Switzerland, the UK and the US.
As part of a complete revision of its risk and compliance infrastructure, the bank was looking for an independent revaluation solution for its equity derivatives portfolio. Following an extensive evaluation process, Carnegie Bank selected SuperDerivatives's Revaluation Center because it was impressed with the service's extensive coverage for both Nordic and international equities, says Per Jutemar, group operational risk manager, at Carnegie. SuperDerivatives Revaluation Center is available for all major asset classes of derivatives: foreign currency, interest rates, commodities, equities, energy and credit.