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SuperDerivatives Announces SDX Multi-Asset Platform

SDX will deliver advanced front-office functionality for managing interest rates, currencies, equities, commodities, energy and credit instruments.

Today SuperDerivatives (SD) announced the launch of SDX, the firm’s next generation multi-asset front office system on Oct. 10, 2010. The new platform will improve front office productivity in vanilla products, exotics and complex structures.

After two years of development, SD will switch across to SDX, which will deliver best-in-class tools to manage interest rates, currencies, equities, commodities, energy and credit instruments, according to the company’s release.

According to David Gershon, SD’s CEO, in the release, SD brought transparency to the world of options pricing ten years ago, and delivered the concept of front office to sales desks seven years ago, and developed the most comprehensive multi-asset pricing system five years ago. "Now, a decade from the company’s inception, SD is raising the bar once more with the ultimate front office system taht will change the way institutions manage derivatives," stated SD's CEO.

Key functionality includes: Speech recognition for fast-pricing/log-in; Excel spreadsheets linked to the Web system; the ability to input free text for options pricing and searching; structure deposit/swap generator; historical back testing and charts; ability to upload own models/analytics; and enhanced CRM tools for the sales desk. There is also an online quoting and execution vehicle, multi-asset report generators and customized workflow automation.

In terms of delivering transparency, users will have the flexibility to directly upload their own pricing models, including the release of popular pricing models with their source code.

SDX will begin the introduction of SD’s mobility strategy, which will see SDX and a range of new applications made available over mobile technology.

The system has been tuned to maximize the user’s experience on mobile devices such as the iPad, allowing the web-based service to be accessed from any location at any time, said the release.

“Whether you are a sales person, a trader or a risk manager and whether you trade vanilla products, exotics or complex structures, SDX will significantly enhance your productivity, broaden your derivatives usage and enable you to exceed your targets,” continued Gershon in his comments in the release.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

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