Pricing Partners SAS

Pricing Partners is a privately owned financial software and valuation company headquartered in Paris with offices in Paris, London and Hong Kong. Founded in 2005, Pricing Partners provides pricing models, analytics and independent valuation to the Financial Services. The company was identified by Microsoft France as one of startups to provide innovation in finance with the use of Microsoft technologies. Its mathematical models covers all major asset classes including derivatives on interest rates, credit, equity, inflation, foreign exchange, commodity, life insurance and hybrids.
Product
Addressing the needs for more transparency on financial products, Pricing Partners has developed a concept of shared platform (entitled Price-it) to provide independent valuation on OTC derivatives by using scientific methods based on mathematical probabilist models (models extending the Black-Scholes model).
History
After years of research for the fixed income exotics trading desk at Goldman Sachs, Eric Benhamou, a French scientist, returned to France to head a research group at Natixis. Aware of the opportunities of this highly specialized field, he decided in 2005 to create Pricing Partners to offer independent valuation models with its primary customer Natixis.
In 2007, Pricing Partners decided to create the first French platform for independent valuation of derivatives, in a project supported by the French cluster Finance Innovation so that this could contribut to grow the influence of the Paris and compete with the City of London.

In 2008, Pricing Partners unveiled a new version of its software that could be easily run on a computing grid to dramatically increase it computing capacity and thus to provide fast and dynamic mathematical computations for OTC derivatives.
In 2009, this company was identified by Microsoft France as one of the promising startups to develop software in finance with the use of the latest Microsoft technology and joined the IDEES program.
In 2011, this company was awarded the best pricing and analytics solution for structured products in all asset classes by Structured Products Magazine, a performance that no other company had achieved before. The same year, the largest bank worldwide, ICBC became a client of Pricing Partners solution.
Competitors
Main competitors are:
* for its software business: Numerix and Fincad
* for its valuation business: Bloomberg, Thomson Reuters, SuperDerivatives

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