Banco Espirito Santo (BES), is one of the highest rated banks in Portugal with principal activities in retail banking, private banking and asset management, corporate banking and investment banking. Complementing its domestic activity, BES operates international branches with a focus on Spain, Angola and Brazil.
âWe were very impressed with SuperDerivativesâ SD-Banks from the first time we saw it demonstrated. Following an elaborate evaluation period, we selected it for its exceptional sophistication, broad coverage and accuracy. We also liked the straightforward, user friendly interface which considerably cuts the learning curve and quickly boosts productivity of both traders and sales people,â said Luis Pinheiro, derivatives trader, Banco Espirito Santo. âHaving a single solution with modules for currencies, commodities and energy, equities and interest rates options provides us with a comprehensive flexible solution that we could not find anywhere else."
SuperDerivatives real-time pricing and analytics platform SD-Banks includes a variety of productivity-enhancing front-office utilities. Sales personnel are able to provide clients with value-added services such as mark-to-market and risk analysis of their portfolios, while unified sales tools across the whole bank strengthen bank branding. Collaborative on-line trading and real-time messaging tools further increase productivity between the bank clients and sales, and between sales and trading desks.
âWe are pleased to see that Banco Espirito Santo has optimized its derivatives business utilizing SD-Banks. Both global and regional bank realize that trading and sales desks require best-of-breed technology to meet growth, revenue and cost-reduction goals,â said Dr. Yuval Levy, CTO, SuperDerivatives. âOur clients all over the world are telling us that SD-Banks provides the perfect solution with comprehensive multi-asset coverage and a rich set of productivity tools. Those advantages quickly translate into significant sales and profit growth.â
SuperDerivativesâ products and services are used by numerous companies from both the buy and sell side. Its real-time pricing platforms are used by most of the worldâs banks, as well as numerous corporations, asset managers, hedge funds, auditors and central banks. SuperDerivativesâ Revaluation service (SD-Revaluation) is used by numerous banks, hedge funds, asset managers, fund administrators and auditors and is considered by many to be the most accurate Revaluation service on the market.
SuperDerivativesâ 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 named âBest Provider of Derivatives Data 2007â by an Inside Market Data poll.