- Quantifi Selected by Tullett Prebon for structured credit Products
- Tullett Prebon seeking a comprehensive pricing and analytics solution
London and New York (22nd July 2008) - Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, today announced that Tullett Prebon, one of the largest global interdealer brokers, has selected Quantifi Toolkit and XL for pricing and analysing structured credit products.
Tullett Prebon was seeking a comprehensive pricing and analytics solution to support the firm's growing structured credit business. Quantifi provides Tullett Prebon with the most cutting-edge analytics available to the market today.
Joel Smalley, quantitative analyst, responsible for structured credit analytics at Tullett Prebon, says, "Quantifi provides us with an extensive library of credit analytic tools that can be readily integrated into our applications. The models are robust and the level of product support and assistance in development from Quantifi is of the highest order."
"Quantifi provides us with an extensive library of credit analytic tools that can be readily integrated into our applications. The models are robust and the level of product support and assistance in development from Quantifi is of the highest order."
Joel Smalley, Quantitative Analyst at Tullett Prebon
Rohan Douglas, Founder and CEO of Quantifi, comments, "We are delighted that Tullett Prebon has chosen Quantifi and look forward to working closely with them as their structured credit broking business continues to expand. Working closely with firms such as Tullett Prebon enables us to remain in lock-step with market developments."
Quantifi Toolkit is the industry's most comprehensive and advanced suite of credit derivative pricing models and is designed from the ground up using innovative open technology. Quantifi XL is a powerful tool for market participants who need flexible access to advanced pricing and risk analysis of credit products.
"Gaining one of the largest and most respected interdealer brokers as a client of Quantifi represents a further milestone in the development and growth of our business," says John Peck, Head of Quantifi's EMEA operation.