QUANTIFI ANNOUNCES COMPREHENSIVE SUPPORT FOR THE LATEST MARKET INNOVATIONS IN BASE CORRELATION PRICING AND SENSITIVITY CALCULATIONS ALONG WITH SECOND GENERATION CDO SQUARED PRICING.

New York, NY - February 22, 2004 - Quantifi Inc, a financial software company focused on analytics and risk management solutions for the world's credit markets, today announces the release of Quantifi Toolkit version 6.0 - its advanced and comprehensive suite of credit derivative pricing models.

This release includes support for the latest market developments for base correlation calibration, pricing, and sensitivity analysis. Other highlights include second generation CDO Squared pricing, greatly enhanced sensitivity calculations and counterparty risk for Credit Default Swaps.

"Rapid evolutions in the Credit Markets have changed the way investors price and hedge credit basket products. This release adds support for some of the most recent and advanced applications for pricing and hedging bespoke tranches using base correlations implied from liquid index products. These recent market innovations greatly expand the sophistication and range of trading opportunities available to users of these products. This is just one of the many new features added in a release that extends Quantifi's lead in the Credit Modeling vendor space," said Rohan Douglas, Founder and CEO of Quantifi.

The Quantifi Toolkit supports a wide variety of credit products and is the most comprehensive suite of credit derivative pricing models available. A partial list of products covered includes Bonds, CDS, options on CDS, Nth to default baskets, collateralized debt obligations (CDOs), CDO Squared, quanto and contingent credit products, and constant maturity CDS.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development