Revaluation Functionality Added To SuperDerivatives Pricing System
SuperDerivatives has introduced new functionality that allows users to retroactively revalue portfolios ‘at the single click of a button’. The firm said the enhancements would benefit auditors when assessing derivative portfolios months after the trading period in question has ended. The new feature was added following requests by corporate customers. Users can type in a date to access historic market rates for a particular day which can then be used to audit. As a further safety check, the new functionality effectively allows risk and trading managers to ascertain whether historic reports were accurate, said SuperDerivatives.