Scandia Food selects SDX from SuperDerivatives to manage interest rates risk

London - 24 March 2011

SDX from SuperDerivatives, the derivatives benchmark and leading multi-asset front office system, has been selected by Scandia Food, a major Romanian food production company, to manage its exposure to interest rates.

“Volatility in the interest rates market combined with high levels of illiquidity has created uncertainty in pricing for even the most vanilla interest rate derivatives. SDX fulfils a genuine need for us in its ability to provide full market transparency, real-time price discovery and visibility throughout the trading day,” comments Luis Morais, CFO of Scandia Food.

SDX is the next generation in front office systems, bringing advanced functionality and greater flexibility to dramatically improve its clients’ productivity in vanilla products, exotics and complex structures. The system uses a unique and proven model for options pricing that generates accurate bid and offer prices for derivatives reflective of the interbank broker market.

Noam Whitman, Regional Sales Manager at SD said: “SD’s combination of vanilla and advanced derivatives price discovery, award-winning market data, sophisticated analytics, and an intuitive user-friendly interface will give Scandia Food the power to more effectively manage risk and maximise business opportunities.”

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