Software firm announces latest version of CDS processing solution

Software provider OpenLink has announced the latest version of its processing solutions for credit derivatives, Findur's Credit Derivative module in version 8.1. The firm touts the use of state-of-the-art valuation methods, including Copula based Semi-Analytical and Monte Carlo pricing models for credit default swap indices, tranches, synthetic CDOs, default baskets and CDS options. It has new interfaces to data services and has standard Isda protocol compliant workflows for novations, assignments, early terminations and buyouts.

Source: www.olf.com