SuperDerivatives, a leading cloud-based financial information, derivatives technology and trade execution provider, has announced that d-fine GmbH, a leading European provider of quantitative and technical consulting projects in the context of risk & finance, hasselected its real-time market data, analysis and news terminal DGX for its consultants. In addition d-fine GmbH has signed a strategic partnership with SuperDerivatives to purchase historical data to be used as an independent market data source for its independent price verification services.
d-fine GmbH is a leading consultancy firm in Germany with almost 500 on site quantitative consultants that specialise in financial risk. In addition to using the real-time DGX platform, d-fine will utilise SuperDerivatives’ historical market data to meet the need for highly accurate historical market information for risk calculations, credit-adjusted prices, and independent price verifications. Deploying SuperDerivatives’ platform will allow consultants to avoid the inflexibility and lack of transparency relating to fee schedules from other major market data providers.
SuperDerivatives’ real-time market data platform DGX is highly customisable and contains cash and derivatives data for over 800,000 bonds, 80,000 stocks, indices and ETFs, 4,000 CDS curves, 500 energy products, all metals, 250 agriculture products, wet and dry freight, all currencies, interest rates curves and inflations in both major and emerging markets. It is entirely free text based and includes news services, financial chat and sophisticated charting tools for both real-time data and 20 years of historical data.
Dr. Mark Beinker, Partner at d-fine GmbH, said: “Access to accurate real-time market data is a key requirement for any professional managing and hedging risk. SuperDerivatives stood out due to its comprehensive offering and track record in derivatives pricing and market data. We believe that this strategic partnership will benefit both parties and drive both our businesses forward.”
Bonnie Eshel, Head of Market Data at SuperDerivatives, added: “We are delighted to support d-fine in providing real-time access to cash and derivatives marketdata. At SuperDerivatives we believe that DGX is the best market data platform for all types of global players seeking a customisable service without high fixed costs and expensive technology upgrades, providing the efficiency and ease of use required in today’s market.”