Santander, the Euro zone’s largest financial institution by market value, chose SD-CM to be used by its energy and commodities options desks as it expands its European and Latin American energy and metals derivatives business.

We have benefited from the SuperDerivatives pricing platforms for years on both the trading and marketing sides. When making the decision to further expand our commodities business, SD-CM clearly appeared as the most effective vehicle for achieving rapid time to market and best serve our clients, commented Jose Manuel Colina, managing director for derivatives at Santander.

According to the vendor, the platform provides accurate pricing, a rich set of analytical utilities as well as mark-to-market and portfolio revaluation.