Internet-based currency options pricing system SuperDerivatives has introduced a new 'communication builder' function to help manage workflow and share trading ideas between different trading desks and geographically-dispersed users.
Communication builder will allow SuperDerivatives' users to save pricing strategies into several special folders. This allows staff to monitor the strategies they have been considering, as well as providing access to each other's trading ideas and requirements. In addition, says the vendor, communication builder can improve the way banks monitor the activity of clients, as well as helping to monitor clients' orders. Users can also set up alerts to remind traders that the sales staff may have a price request outstanding.
SuperDerivatives chief executive, David Gershon, says: "Banks can use SuperDerivatives as a mean to distribute their own market rates to their trading and sales desks and, if they desire, provide their customers with access to these as well. For those banks that require it, this can be taken a stage further by providing a dedicated front end design which enable them to white-label SuperDerivatives to their clients."
SuperDerivatives' customer base ranges from multi-license global investment banks such as Citibank, JPMorgan Chase, Merrill Lynch, SG (Societe Generale), Commerzbank and ING, to corporate treasuries, such as recent signing IBM, Alcatel, Xerox and Ford, as well as accountants and auditors through to single users and hedge funds.