Volmaster FX is an online pricing system for foreign exchange derivatives that offers a choice of stochastic local volatility or other advanced models. The system is accessed via the internet and is connected to real-time market data feeds. A massively parallel computation engine enables the system to revalue a few thousand exotic trades per second for fast pricing of complex structures, the company claims. The system includes a model-adaptive abstraction engine that allows a change of pricing model for any option class without the rewriting of code. Other features include arbitrage-free volatility surfaces, choice of market data, and counterparty risk-adjusted pricing.