A new service for large institutions has been launched by SuperDerivatives that enables them to re-value their entire derivatives portfolios with independent and accurate market prices on a daily basis. According to the company, SD-MM Reval will help the derivatives community comply with the latest accounting standards, such as FAS 133 and IAS 39. These demand that derivative positions are regularly re-valued using independent and fair market prices. SD-MM Reval is part of SD-MM – a broad set of services that is intended to make the revaluation process simpler and more reliable. SD-MM Reval completes the SD-MM line up by providing accurate revaluations for exotic option portfolios. It also allows for the complete automation of the portfolio revaluation process, including the time of day it is performed.
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