- LBBW selects Quantifi XL as front-office tool in their structured credit and Fund derivatives area
- First German client
London and New York (28th November 2006) - Quantifi, a leading provider of analytics and risk management solutions to the global credit markets, today announced that Landesbank Baden-Württemberg (LBBW) has selected Quantifi XL as their front-office tool for pricing and analysing Structured Credit products.
Harald Müller, Director of Structured Credit and Fund Derivatives at LBBW said, "We chose Quantifi because of their depth of coverage and the speed, accuracy, and flexibility of their pricing models."
"We chose Quantifi because of their depth of coverage and the speed, accuracy, and flexibility of their pricing models."
Harald Müller, Director of Structured Credit and Fund Derivatives at LBBW
Rohan Douglas, Founder and CEO of Quantifi commented, "We are delighted that LBBW has chosen Quantifi in their Structured Credit and Fund derivatives area. Gaining LBBW as our first client in Germany represents a significant milestone in the development of our European business following on from the opening of our London office in June. We look forward to continuing our close working relationship with LBBW."
Quantifi XL is an extensive suite of add-in functions for Excel. It is a powerful tool for traders and others who need access to advanced pricing and risk analysis of credit products from within Excel. The solution provides full support for a wide range of credit products.
"We are happy to add LBBW as a client during a year where we have achieved a sales growth in excess of 250%. This reflects the increasing interest all market participants have in structured credit products and the growing demand for best of breed independent tools for pricing and analysing these instruments," said John Peck, Head of European Sales for Quantifi.
LBBW Landesbank Baden-Württemberg is a both an universal bank and a commercial bank with a regional focus. The firm has a total assets of around EUR 266 billion (as at 31 December 2014) and a staff of approx. 11,100 within the Group. Its head offices are located in Stuttgart, Karlsruhe, Mannheim and Mainz. LBBW is guided by the needs of its domestic customers.
For further information, please visit LBBW