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Cygnify For Derivatives

JP Morgan (www.jpmorgan.com) is launching Cygnifi (www.cygnifi.com), a Web-based service that offers market and credit risk apps, independent valuations, portfolio stress testing, counterparty exposure simulations and collateral risk management services. Partners include Bridge (www.bridge.com), Numerix (www.numerix.com) and Sybase (www.sybase.com). Cygnifi, which JP Morgan plans spin off in March, will form other strategic partnerships with providers of IT, data

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