Traders at the UniCredit Markets & Investment Banking division use Kiodex to help manage trade pricing, trade capture, analytics, trade processing and settlement, and valuation and risk reporting. Kiodex helps provide straight-through processing by feeding UniCreditâs internal risk and back office accounting systems with trade data and profit/loss values, which help in risk reporting and transaction settlement. Delivered in a Software-as-a-Service (SaaS) environment, Kiodex provides traders with forward curve data and volatility surfaces, and risk managers with market data audit trails, which help enhance operational controls throughout the lifecycle of a deal.
Kurt Szesny, head of Fixed Income, Currencies and Commodities (FICC) at UniCredit, said, âKiodex will help us to expand our commodities business and is the core component that helps us to accurately manage and value our commodity and derivative trades. It also helps enhance our ability to capitalize on opportunities while providing liquidity and support for our clients.â
Ben Jackson, chief operating officer of SunGardâs Kiodex business unit, said, âKiodexâs scope of market data, front-to-back integration and scalability to support business growth help customers to enhance efficiencies and profitability, and leverage a straight-through process that helps enrich the productivity of traders and ensure compliance with regulatory requirements.â