CRZ Pricer Release 22.0.2

By | 3 March 2022

Common

  • [New] On CCR Capital views (and for KVA ccr calculation), improved the MPOR calculations for CSAs with disputes, CSAs with exotics, and settlement to market
  • [New] Added two sources of SDR Data: DTCC SEC for single-name credit derivatives, and DTCC Canada for interest rates
  • [New] In risk representation, it is now possible to specify whether curve definition changes are applied before or after scenarios
  • [New] In pricing params, one can now choose to localize or not curve risks (Yield/Inflation/Credit) by playing on spline coefficients sensitivities
  • [New] In SIMM view, it is now possible to save CRIF with trade granularity (formerly only netting set)

IR

  • [Beta] In the universal model added stochastic volatility on Rates (piecewise Heston process). IR Smile is now taken into account in the model
  • [New] When pricing depends on CCP, it now automatically uses the right curve. Ex: a swap vs Euribor 6M cleared at Eurex, will use EURERX6M curve even if booked as EUR6M
  • [New] Added support of Term RFR Rates (e.g., USDRFR3M)
  • [New] Added historical contribution of Bond Future Vols
  • [New] Added pricing of options on AUD bond futures (very specific convention)
  • [New] In Bond risk view, added ZS01 and AS01 measures. Added support of bond futures and options. Also added non-unit sensitivities measures
  • [New] Minor improvement on convexity of OIS short futures
  • [New] In XCCY Curve contribution, allows decomposition into 2 feeds if ticker vs RFR curve doesn’t exist
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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