03 Feb 2010
Valuations solution vendor SuperDerivatives has bagged its second client of the year in the form of custodian and fund administrator Fortis Prime Fund Solutions, which has opted for the vendor’s revaluation service to source pricing for illiquid and complex derivatives. According to Amod Kumar, global head of strategy, business improvement and control at Fortis, the bank selected SuperDerivatives because of its ability to cope with illiquid and esoteric assets, an increasingly important corner of the market with regards to providing data transparency.
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Categories: 0-Service, A-Team Insight, RDR-Client Implementations, RDR-Evaluated Prices, RRI0-Regulations, RRI3-Risk Management, RRI4-Industry Issues, RRIT-Client Implementations/Case Studies, RRIT-Data Services, RRIT-FAS Accounting, RRIT-Vendor Solutions, Reference Data Review, Risk & Regulation IT