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Risk Management

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Incentive Capital Management Selects Pricing Partners

Dublin-based asset manager chooses Price-It Excel to price and risk manage its inflation linked derivatives business.

href=https://www.icm.ie target="_blank">Incisive Capital Management Ltd, the Dublin based investment management firm, has partnered with Pricing Partners, to use the firm's Price-It Excel to price and risk manage their inflation linked business.

"We are looking for a high quality pricing engine on inflation, offering similar models to those developed and used by banks in the market," commented Aogan Foley, managing directive at Incisive Capital Management, in the release. "The flexibility of the library, the quantitative expertise and the support provided by Pricing Partners, suited entirely our requirements," stated Aogan, in the release.

Pricing Partners' flagship software, Price-It Excel, authorizes Excel to price and value with a generic and intuitive language and cashflow, allowing the description of virtually any product, according to the company. The product is known for its flexible market data inputs inputs and accurate calculation methods and models, according to Pricing Partners' release. It gained the confidence of Incisive Capital Management to value and risk-monitor its inflation-related products, said the company.

Eric Benhamou, CEO of Pricing Partners, who is a former Goldman Sachs quant, stated, "The inflation business requires very accurate tools and our software provides clients with the options they need." Citing the generic payoff scripting language, Benhamou further stated, "ICM now has the capacity to price and risk-manage virtually any inflation derivative and should receive very positive returns on their investment with the Pricing Partners system."

Incisive is a European credit asset manager with experience in managing large credit portfolios. It recently expanded its capabilities to include inflation-linked assets/ 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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