This solution, âPrice-itÂ® Excel Accelerated by ProActiveâ, will remarkably increase the computing power of Price-itÂ® Excel and thus considerably reduce the required time for the valuation of portfolio of hundreds even thousands of complex products. It will benefit from the effects of scales by using the maximum of available resources within the companyâs clients. The grid computing solution, from desktop to cluster, guarantees indeed the loading time together with ultra fast response and meanwhile enables the assessment of effective computing power in order to achieve a significant time saving.
Eric Benhamou, CEO of Pricing Partners comments âPricing Partnersâ valuation models are highly accurate; however, they can take time in calculation. This partnership with ActiveEon, which offers a very innovative solution, enables us now to provide our clients a solution that could reduce dramatically the computing time, and hence responds to a more obvious need in terms of computing power. Therefore, I am very pleased with this partnership that allows us to deliver to our clients a very high quality service.â
"ActiveEon is committed to an open partnership ecosystem for achieving portable OEM solutions, with a product that allows best-of-breed solution vendors such as Pricing Partners to accelerate their solutions with ProActive Parallel SuiteÂ®,â adds Denis Caromel, main founder, ActiveEon. "Partnering with Pricing Partners, a leader in mathematic models, positions us in the financial grid computing field as a key Grid Computing actor with a robust, powerful and recognized solution. Integration with Price-itÂ® extends ActiveEon's leading enterprise grid technologies with the ability to deliver âPrice-it Excel accelerated by ProActiveâ. This fully integrated solution should be very valuable to Pricing Partnersâ existing and future clients for sizing the computing power effectively and rapidly.â
In this partnership, the two companies will deploy together a global solution. Pricing Partners clients should rapidly be able to benefit from both improved performance and robustness thanks to the deployment of enterprise grid computing with optimized response time during valuation and risk calculation operations.