Amsterdam, 15 June 2013
Press statement.
Volmaster BV and MathFinance AG have started a business relationship that will deliver remarkable developments in the field of consultancy and software solutions spercifically taylored to the FX derivatives market participants.
Stefano Silvano, Managing Director Volmaster BV, comments:
"We are delighted to cooperate with MathFinance. We believe that MathFinance, as
a leading financial boutique, can significantly contribute to new exciting
developments of our acclaimed Volmaster FX pricing tool. Since Volmaster FX has
been conceived and developed following a scientific approach, we are
particularly excited about the depth of academically-backed know-how and
skillsets MathFinance can offer".
Uwe Wystup, Managing Director MathFinance AG, comments:
"This new on-line pricing tool for FX derivatives, with its cutting-edge
technology and its native pricing on advanced models (stochastic-local
volatility, jumps) represents a new generation of financial software. Fast,
precise, transparent, easy to integrate into existing infrastructures,
expandable and future-proof. We are very pleased to have Volmaster as our new
business partner and to be a part of this new and exciting tool".