CRZ Pricer Release 19.0.2

By | 5 March 2019

Pricing

  • [New] Improved modelling of dividends: dividends can be affine, added all-in ratio (accounting for taxation), no risk on announced dividends, new scenarios
  • [New] Asset volatility matrices now support at the delta representation
  • [New] Added sigma-beta Rate/Vol dynamics in IR Volatility (scenario and contribution). With this option, the SABR param  is kept constant when rates move, implying a move on normal volatility and a different delta.
  • [Bug] On commodities, spot now corresponds to the prompt forward

Market Data Analysis

  • [New] Equity & Commodity forwards view
  • [New] Added Instantaneous Convenience Yields view (Commodity)

Contribution

  • [New] Added contribution of commodity forward curves from futures

Portfolio

  • [New] Added ‘Switch to RFR’ view. It creates an amended portfolio on which one can compute any measure
  • [New] Added multiple level projection (risk transformation) on yield curve delta
  • [New] Improved reduced/forward tenors risk transformation by using a curve stripping. Previous method available in mode: Projection Method=Simple
  • [New] FRTB SA upgraded to version d457

Miscellaneous

  • [New] Future tenors such as MAR19 are now supported (alongside codes such as H19)
Category: Modelling Pricing

About Franck Albert

X-Pont (1994 promotion), Franck Albert is a former exotic options trader for HSBC in Paris and BNP Paribas in London. From January 2009 to April 2016, he has been head of the quantitative fixed income risk team at BNP Paribas London, before joining CRZ Pricing as co-founder.

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