An agency broker seeking to expand its rates trading franchise wanted:

• An OTC derivative pricing solution that would provide timely and accurate valuations across global markets in support of its high volume trading activity
• Reliable close of business reporting of overnight residual risk

Coremont was able to quickly deploy Clarion’s web-based pricing module across a large sales team within the firm and rapidly implemented a set of automated risk and valuation reports tailored to the client’s specification.

The client was quickly able to improve the delivery of service to its buy-side clients, as well as augmenting its risk management operations with a view to maintaining minimal market exposure.