Emirates Bank Selects Quantifi XL as Their Pricing Tool

February 12, 2007
  • Emirates Dubai selects Quantifi XL as their front-office tool for pricing and analysing structured credit products

London, New York and Dubai (12th February 2007) - Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, today announced that Emirates Bank in Dubai has selected Quantifi XL as their front-office tool for pricing and analysing Structured Credit products.

With structured credit products growing rapidly in the Middle East, Emirates Bank was in need of a sophisticated pricing and analytics solution to meet increasing client demand. Emirates Bank chose Quantifi XL for its full support for a wide range of credit products, Markus Fiala, Head of Structured Credit at Emirates Bank said, “We are very impressed with the level of support we receive from Quantifi, both now and throughout the evaluation process. The product is extremely comprehensive and flexible and the pricing models are fast and accurate. Quantifi XL is an ideal solution for our front office trading area.”

 


 

“We are very impressed with the level of support we receive from Quantifi, both
now and throughout the evaluation process.”

Markus Fiala, Head of Structured Credit at Emirates Bank


 

John Peck, Quantifi’s Head of Sales for Europe, Middle East & Africa said, “We are delighted that Emirates Bank have chosen Quantifi and look forward to continuing and developing our close working relationship with them.”

Quantifi XL is an extensive suite of add-in functions for Excel. By using advanced numerical methods, Quantifi XL can be deployed rapidly and achieves fast pricing – providing traders and others with access to advanced pricing and risk analysis of credit products from within Excel.

Rohan Douglas, CEO of Quantifi, commented, “Our business continues to develop at pace and adding Emirates Bank in Dubai to our client base is excellent news. By securing Emirates bank as our first client in Dubai, we are strongly positioned to grow our presence within the United Arab Emirates as well as other countries across the Middle East.”

 


 

About Emirates Bank

Emirates NBD, the leading banking group in the region, was formed on 16th of October 2007 when the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The Emirates NBD 2007 merger between Emirates Bank International (EBI) and the National Bank of Dubai (NBD), became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the United Arab Emirates (UAE) to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

For further information, please visit Emirates Bank