Greek crisis boosts business for SuperDerivatives
The Greek pension crisis has led to the increased use of SuperDerivatives' interest rate derivatives and pricing platform (SD-IR). Those that have adopted the platform include Eurobank EFG and Marfin Popular Bank.
“We needed a real-time interest rates derivatives platform that would consistently provide true market prices for even the most complex structures,” says Yannis Seimenis, head of treasury corporate sales at Greek bank Eurobank EFG. The platform’s growth has simultaneously accelerated to meet demand for increased transparency following the sub-prime crisis.
Launched three years ago, it is now expanding particularly quickly in emerging markets and more exotic products are being added. “We have had
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