Pricing and risk provider Fincad has announced that CITIC Securities, one of China's largest investment banks, has selected its F3 analytics platform to support its Asian equity derivatives operation.
CITIC will use F3 in its Hong Kong and mainland China presences, primarily to provide risk sensitivities on its exotic and vanilla portfolios.
"The Fincad professional services team was very helpful in seamlessly implementing the F3 analytics solution," says Xu Xing Hai, director of the equity derivatives business at CITIC. "Between the training we received and how easily their solution fit into our current systems, we were operational in just a few months. This was instrumental in enabling us to get our new business off the ground as quickly as planned."
Jesse Lund talks about real uses for DLT in the capital markets, lessons learned while rolling out IBM's blockchain platform, and what’s ahead for 2018, and into 2019.Subscribe to Weekly Wrap emails