This is the first time since the inception of the awards in 1995 that a vendor has won in this category for four straight years.
The annual FX Week Best Bank Awards are an accurate indicator of who is leading the market, according to banks, corporate treasuries and investors. More than 5,000 market professionals participated in the voting process. SuperDerivatives received strong market support from its global client base which uses the market-standard SD-FX real-time pricing analytics and trading system. SD-FX is fully embedded in the company's SD-Banks, SD-Funds and SD-Corp cross-asset derivatives platforms and is used by risk and back office professionals who also rely on SD-Revaluation and objective market-data services.
"Winning this prestigious award has become a tradition at SuperDerivatives and is a solid affirmation from both the buy side and sell side of the effectiveness of our real-time pricing, trading, risk management and revaluation solutions. We'd like to thank our clients all over the world for their continued support; the input they provide us allows us to constantly improve our web-based platforms," said David Gershon, President and CEO, SuperDerivatives. "Now that SD-FX is fully established as the de-facto cross-industry standard, we will continue to leverage it in our sector-specific platforms to provide broader productivity benefits for our clients."
Web-based SD-FX is the benchmark of currency options and supports over 150 exotic options, structured products as well as baskets, cross-asset hybrids and other correlation based structures. It includes real-time market data for over 100 currency pairs including all emerging markets from Peru to Vietnam.
SuperDerivatives' products and services are used by numerous companies from both the buy and sell side. Its real-time pricing platforms are used by the majority of the banks worldwide, as well as numerous corporations, asset managers, hedge funds, auditors and central banks. SuperDerivatives' Revaluation service (SD-Revaluation) is used by numerous banks, hedge funds, asset managers, fund administrators and auditors and is considered by many as the most accurate service in the market.
The SuperDerivatives' benchmark option pricing model is the only publicly available and market tested model whose accuracy in generating real market prices for all types of derivatives has been proven and validated continuously for several years.
SuperDerivatives was recently recognized as Best Provider of Derivatives Data 2007 by an Inside Market Data poll.