Pricing Partners shares their innovation story on MSDN website

Paris - 13 August 2009

Pricing Partners, the independent valuation expert and a world leader in mathematical models and analytics for derivatives and structured products, announced today that its flagship online independent platform, Price-it Online is listed as a pioneer software editor on MSDN’s (Microsoft Developer Network) primary website.

Price-it® Online, independent valuation platform, has been recently supported by Microsoft as part of its assistance program to innovative start-ups working on the most promising Microsoft technologies. Through the support of Microsoft technologies, Pricing Partners embeds C + + under MVS 2008 with its Price-it Library, C # with its website and Net Grid Computing on the basis of techno IIS. Pricing Partners is about to release enhanced graphical view using Sivlerlight and will examine in the coming months the new Microsoft Cloud technology, Azure. Theses innovative technologies empower Pricing Partners to deliver primarily Saas Mode Internet services providing full transparency independent valuation on financial derivatives and structured products. Price-it® Online has thus been the subject of a strategic partnership between the French company and the Redmond giant through the IDEES program.

Lubomira Rochet, Business Development Manager of Microsoft comments “MSDN is both a platform and a community for developers to share their experience, insight and knowledge about language, tools and technologies. Pricing Partners’ flagship product, Price-it Online is a powerful application which integrates Microsoft technologies and provides highly valuable independent valuation services for their users. As part of our strategic program with Pricing Partners, it is a great pleasure to list them on our MSDN site dedicated to editors telling their innovation stories with Microsoft.”

René Anger, CTO of Pricing Partners comments “After an overview on different technology provider on hand, Microsoft emerges as the only one to tackle all challenges in terms of flexibility, performance and reliability required by the platform, Price-it Online. It is a great opportunity for Pricing Partners to share our innovation stories with other developers on MSDN website.”

Eric Benhamou, CEO of Pricing Partners and a former Goldman Sachs employee, adds “Working hands in hand with Microsoft has been instrumental in the development of our valuation platform. Transparency on financial products has become a major theme and concern. This has required us to use the latest innovative technologies and to choose the Microsoft technologies. Price-it online is the next generation platform to support active management for structured products. It has been recently adopted by two major American banks, four French banks. Its number of customers is rapidly growing and requires us to build something very robust and scalable. We are highly leveraging the Microsoft. Net C + +, C # and SQL Server technologies. I am therefore thrilled today to see our platform advertised on such a big community website as the one of MSDN".

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