Nordic Bond Pricing Leverages Quantifi’s Leading Edge Pricing and Analytics Technology

September 8, 2014
  • Single integrated platform for pricing and analytics
  • Accurate, transparent pricing and valuation
  • Scalable technology to support future growth

London and New York (8th September 2014) - Quantifi, a specialist provider of analytics, trading and risk management solutions today announced that Nordic Bond Pricing AS (NBP), a Norwegian company offering market participants daily third-party pricing services for financial instruments has selected Quantifi for pricing and analytics.

The Norwegian bond market has expanded rapidly in recent years, with the Norwegian corporate bond market the most advanced within the Nordic countries. Further growth is expected as tougher capital requirements are imposed on banks. This, in turn, will see a drive by capital seeking companies into the bond market, as an alternative source of funding. NBP is leveraging Quantifi’s extensive pricing and analytics functionality to address this growing demand for independent third-party bond pricing for the Nordic market.

 


 

“Quantifi provides a level of transparency that allows us to adhere to a high standard of independence,
which is important for the services we provide. The speed of implementation, in less than 4 months,
has proved instrumental in the successful launch of our business.”

Vegard Annweiler, CEO at Nordic Bond Pricing


 

“Given the efficiencies our pricing service brings to the Norwegian market we are attracting a lot of attention from buy-side institutions. Sophisticated pricing and robust analytics within a flexible, integrated platform were the primary reasons for us selecting Quantifi ahead of other providers” comments Vegard Annweiler, CEO, Nordic Bond Pricing. “Quantifi provides a level of transparency that allows us to adhere to a high standard of independence, which is important for the services we provide. The speed of implementation, in less than 4 months, has proved instrumental in the successful launch of our business.” continues Vegard Annweiler

Quantifi delivers Cross-Asset Trading, front-to-back operations, Position Management, market, credit, counterparty and liquidity Risk management, margining, and regulatory reporting all on a single integrated real-time platform. As well as supporting all regulatory and industry practices, Quantifi applies the latest technology innovations to provide new levels of usability, flexibility, and ease of integration. This translates into dramatically lower time to market, lower total cost of ownership and significant improvements in operational efficiency.

"The flexibility of Quantifi allows us to address the business needs for a diverse range of market participants, from start-ups to the larger more established firms. We are delighted to welcome NBP to our client base and look forward to supporting their future business growth,” said Roland Jordan, Head of EMEA Sales, Quantifi. “The rapid roll out for NBP validates just how flexible and scalable our technology truly is,” continues Roland Jordan.

 


 

About Nordic Bond Pricing

About Nordic Bond Pricing AS The Norwegian Fund and Asset Management Association (“Verdipapirfondenes forening”) and Nordic TrusteeASA established Nordic Bond Pricing AS in order to provide independent third-party pricing of bonds and related services. NBP specialize in collecting and analyzing market information in order to calculate the best possible estimates for market prices. Clients of NBP have previously used substantial resources to obtain information and carry out calculations on their own. In this respect, the services of NBP represent significant efficiency gains for the market participants. The company has become the main provider of evaluated pricing services for the Norwegian asset management industry. NBP aims to support the further development of the Norwegian bond market by offering added services in the years to come.

For further information, please visit Nordic Bond Pricing