More NewsLaunch of New System for Pricing and Risk Management of Credit Derivatives

Launch of New System for Pricing and Risk Management of Credit Derivatives

Universal Credit Derivatives Add-In, will be officially launched on 1st September 1998. Dr Mamdouh Barakat, Managing Director, says ‘Credit derivatives are a rapidly expanding sector. Transferring credit risk enables a more efficient match between credit exposure and the resources devoted to credit risk management. One example of a credit derivative is a Credit Default Swap in which the ‘protection seller’ gains a periodic income stream by guaranteeing that a third party will not default (or be downgraded). The market for off-the-shelf inexpensive analytical products to price these instruments is still in its infancy. We have priced the add-in at a mass market price, bringing it within reach of all market participants. As the system is enhanced in future by the addition of new credit derivatives, the product will be at the centre of MBRM’s on-going research in the credit derivatives sector.’

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha