Jernimo Martins has selected SunGard’s Reech Analytics Library (REAL) for the valuation of its derivatives portfolios.
SunGard’s Reech REAL is used for derivatives pricing and structuring, risk management, model validation and benchmarking across a range of industries from banks to insurance companies, governments and corporations.
“Reech REAL is widely recognized as one of the leaders in price benchmarking,” said Tiago Bento, risk manager at Jernimo Martins. “We are particularly impressed with the knowledge from Reech’s local derivatives practitioners, who are very proactive in showing us how to maximize use of the ADEP language in order to best deploy the pricing models.”