Partnership between ICY Software and MathFinance leads to a brand new ICYFX VI release as from October 2010

Paris - 18 October 2010

After having used for years the MathFinance models within ICYFX, both companies have decided to reinforce their partnership.

Since July 1, 2010, MathFinance is in charge of development of ICYFX, the currency option software of ICY. This step reinforces MathFinance and ICY’s partnership, while providing existing clients with even more efficient service.

“We know and have worked with MathFinance for a long time. This closer partnership will enable ICY to better serve its clients, offering the combination of the technical and mathematical skills of the MathFinance team with the well known user-friendly orientation of ICYFX” says Charles Monot, CEO of ICY software.

Uwe Wystup, Managing Director of MathFinance, declares “We are happy to make our expertise in FX Options available to a wide audience through this partnership with ICY Software.”

The first strong signal of this winning partnership is the release of the brand new ICYFX VI during October 2010.

This all-in-one solution both meets large corporate requirements providing a very friendly user interface that is able to manage all FX options positions on a risk compliant basis, and FX Sales teams within banks with a 60” termsheet edition on any traded strategy.

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