SuperDerivatives announced that Endesa is deploying its real-time pricing and analytics platform to manage the company’s market exposures.
“With clients in 11 countries, business dealings all over the world resulting in market exposures in billions of Euros we must use the most powerful tools for exposure analysis, strategic planning, hedging and trading. After thorough needs-analysis and testing, SuperDerivatives emerged as the natural choice due to its flexible structuring capabilities and accurate real-time pricing for all vanilla and exotic options,” said Guillermo Alvarez Orejas, assistant director of management of financial risks, Endesa. “The resulting transparency has been extremely beneficial. With SuperDerivatives we go to market with confidence. We come prepared as the system provides us with various hedging alternatives, accurately priced. This makes our market interactions much more efficient and focused. Since using the SuperDerivatives platform, we are realizing concrete savings, with both our hedging performance and overall risk indicators significantly improving.”
“Endesa is one of several multinational energy corporations that recently selected SuperDerivatives platforms for managing their exposures. By providing them with real-time pricing that reflects fair market value for any vanilla or exotic option, we help them improve their treasury operations performance, reduce risk and at the same time meet accounting compliance requirements such as IAS 39, FAS 133 and FAS 157,” said Daniel Kadim, director of sales, SuperDerivatives.
SuperDerivatives’ products, including real-time pricing and analytics systems, risk management systems, portfolio revaluation services, options market data portal and online trading capabilities, are used by companies from both the buy and sell side. Its pricing platforms are used by almost all the banks around the world that trade options, as well as by corporations, asset managers, hedge funds, auditors and central banks.