Nationwide Treasury, the financial markets division of the UK building society, has completed the live installation of the Dart+Exotics Pricing software at its Northampton head office.
Dart+Exotics enables sub-second pricing of the most actively traded exotics options and the comparison of different option structures.
Nationwide first installed the Dart++ package two years ago. The new module will be used by the treasury team to price and monitor the more complex instruments available in the market place, says Jim Coleman of Nationwide.