"We chose SD-CM after we verified its accuracy for energy products and markets. It is a very user-friendly system which offers many useful tools. Moreover, it provides precise real-time and historical market data including forward curves, correlation tables and volatility surfaces for all energy and commodity products. SD-CM data and analytics are necessary for us to accurately price, risk-manage and report the fair market value of financial options on all oil and gas productsâ, says HervÃ© Babusiaux, Head of Structuring & Applications for Hydro Oil & Energy Markets.
Hydro, a Fortune 500 energy and aluminum supplier with 33,000 employees in nearly 40 countries, is one of the world's leading offshore oil companies, playing an increasingly central role in the supply of energy in Europe as well as globally. It selected SD-CM for use by its Risk Management and Structuring group for oil and energy markets.
Web-based SD-CM provides real-time, market accurate prices, the richest set of analytical, structuring and hedging utilities, as well as mark-to-market and risk management tools. Its coverage spans an extremely wide range of vanilla and exotic options, swaps and swaptions, Asian strips and strategies, multi-leg structures, and correlation products â for all regional energy markets, whether traded in the over-the-counter (OTC) or exchange-traded markets, with all-inclusive real-time market-data feeds.
Leor Jivotevski, SuperDerivatives product manager for energy, comments: "We are seeing very fast adoption of SD-CM across the leading global energy centers, from Norway to the Arab Gulf through Houston and Calgary. SD-CM addresses a critical market need for increased transparency in an otherwise opaque market. Traders in leading companies such as Hydro require a very high level of sophistication, which is promptly addressed by SD-CM. We work very closely with our clients from both the buy and sell side and based on their requests continuously improve the platform to immediately support all regional energy oil products and derivatives instruments as they become tradable.â
SuperDerivativesâ products, including real-time pricing and analytics systems, risk management systems, portfolio revaluation services, options market data portal and online trading capabilities, are used by numerous companies from both the buy and sell side. Its pricing platforms are used by almost all the banks around the world that trade options, as well as numerous corporations, asset managers, hedge funds, auditors and central banks.