• New foreign exchange coverage and expanded coverage for interest rate products
• Supports the latest Basel III, EMIR and Dodd-Frank regulatory initiatives
• Delivers risk reporting, data management and extendibility enhancements
Quantifi, a leading provider of analytics, trading and risk management solutions to the global OTC markets, today announced the latest version release of its pricing and risk analysis software. Driven by client needs and transformations in the OTC markets, QX.1 (V10.1) includes a broad range of enhancements across Quantifi’s entire product range. These enhancements include new foreign exchange coverage, expanded coverage for interest rate products, support for the latest regulatory initiatives, enhanced risk reporting, additional data management capabilities and a new plug-and-play API for client integration.
Rohan Douglas, ceo of Quantifi comments, “QX.1 incorporates many ground-breaking enhancements as our goal is to provide clients with a smooth transition for market changes including counterparty risk management, central clearing Basel lll, EMIR and Dodd-Frank. Quantifi was the first vendor to provide support for OIS/CSA discounting and we have extended the functionality in QX.1 to reflect latest best market practice. With this release, we are ensuring that our clients remain competitive by being well-prepared and strategically positioned for future change.”
QX.1 includes the following updates:
• New foreign exchange coverage and expanded coverage for interest rate products
• Product enhancements for credit index options, basis swaps, callable bonds and convertible bonds
• Significant additions to counterparty risk management including Basel III compliant capital calculations, stress testing, back-testing, enhancements to margin period of risk calculations, collateral thresholds by rating, additional calibration tools and extended product coverage
• A new generation of APIs for plug-and-play client model integration, product extendibility and data integration
• A redesigned reporting engine with in-memory hypercube for improved reporting and drill down flexibility and improved performance for high-volume portfolios
• Support for distributing calculations using Microsoft HPC Server
• Native x64 support
“Our focus on market leading technology enables us to continue raising the bar for advanced risk management and analytic tools while providing the superior, robust performance and intuitive user experience our clients rely on,” explains Mark Traudt, cto of Quantifi. “The latest plug-and-play API for clients is a particularly exciting development as it revolutionises the implementation of new products, client pricing models and new data structures. This next generation of technology provides a level of customisation and product extendibility that clients have not previously had access to.”
