OFI Asset Management has selected Pricing Partners, the independent valuation expert and provider of mathematical models for valuations of derivatives and structured products, for its interest rates, credit and equity structured products.
OFI Asset Management develops and provides tailored investment solutions to its clients. The group operates over $28.2 billion in the form of mutual funds and management mandates.
Christoph Lepitre, vice president at OFI Asset Management commented: "We were seeking an external revaluation solution for all of our structured products in the form of funds and mandates. We wanted to reduce the valuation risks on this asset class and better meet the regulators requirements in the field. We finally selected Pricing Partners' platform, Price-it Online, for its complete coverage of products, the interactivity of its pricing tool, and the easy access to both models and market data."
Eric Benhamou, CEO at Pricing Partners added: "We are very pleased that OFI Asset Management chose Pricing Partners for the independent revaluation of its interest rates, credit and equity structured products. Our unique combination in the accurate analysis of structured products, our proprietary market data base and our intuitive language help our clients better analyze and understand their situation in the derivatives portfolio." Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio