Analytics providers expand coverage to asset class.
As demand continues to escalate for FX and FX derivatives, providers of analytics software are building out their product to service the asset class.
Quantifi, a provider of analytics, trading and risk management solutions to the global OTC markets, has expanded its platform to include FX coverage, as well as expanded coverage for interest rate products and support for regulatory initiatives.
Driven by client needs and transformations in the OTC markets, the latest version of Quantifi’s pricing and analytics product, QX.1, enables users respond rapidly to opportunities and more effectively manage their risk.
“Quantifi has expanded its asset coverage with the addition of FX, in order to meet the challenges associated with increasing volumes of FX trades, market volatility, product complexity and ongoing regulatory change,” Rohan Douglas CEO of Quantifi, told Markets Media.
The FX coverage, as well as other QX.1 enhancements, are aimed at providing clients with a smooth transition for market changes including counterparty risk management, central clearing Basel lll, EMIR and Dodd-Frank, said Douglas.
“Quantifi has significantly improved and expanded trade and market data connectivity as well as increased performance and scalability to facilitate central clearing and adapt to the changing operational environment,” Douglas said.
Visit Markets Media for full story