SuperDerivatives Provides ICBC With Real-Time Pricing Power

ICBC (Asia), Hong Kong arm of Industrial and Commercial Bank of China, is rolling out software from SuperDerivatives to support its foreign exchange and interest rates derivatives activity. SuperDerivatives will provide the bank's sales teams with access to accurate, real

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ICBC (Asia), Hong Kong arm of Industrial and Commercial Bank of China, is rolling out software from SuperDerivatives to support its foreign exchange and interest rates derivatives activity.

SuperDerivatives will provide the bank’s sales teams with access to accurate, real-time market prices, risk management and analytics for all currency options.

“With accurate and real-time pricing power, SD will allow us to customise new products and to explain them clearly to clients so that they have a full understanding of what they are buying and the associated risks,” says Edmund Lai, head, treasury and markets, ICBC (Asia).

“Banks need to differentiate themselves even more clearly now as the market becomes increasingly vanilla,” says David Gershon, CEO, SuperDerivatives. “End investors, whether corporate or retail, are approaching derivatives with more caution and need a clear understanding of what they’re buying. This is where SD can make a difference.”

L.D.

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