DWS launched a request for proposal to ten leading market players to provide a full and exclusive service for pricing, structuring and market making. SG won the bidding leading to the alliance between the asset manager and French investment bank.
Effectively DWS benefits from the deal by securing access to SG's software. This allows internal pricing of DWS product ideas with SG tools and access to a large universe of parameters from volatility to correlation and so on.
The deal, which involv