FX news: SuperD and Algorithmics to collaborate
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Foreign Exchange

FX news: SuperD and Algorithmics to collaborate

SuperDerivatives and Algorithmics have “entered into a memorandum of understanding” to provide risk management solutions for OTC derivatives. The agreement is subject to final contract but if it goes through SuperD will contribute its volatility surfaces and Algorithmics the risk analytics.

Andrew Aziz, executive vice-president at Algorithmics, says: “Both our and SD’s customers will benefit from the integration of SD’s respected benchmark volatility data with our award-winning risk analytics systems. This alliance strengthens our ability to meet market demand for the most innovative and effective risk-management tools for cross-asset derivatives and we look forward to exploring more collaborative ways to work together with SD.”

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