Raiffeisen Zentralbank Osterreich (RZB) will use Kiodex to help support its planned growth in the region, which includes the launch of a new commodity derivatives trading business. SunGard’s Kiodex Risk Workbench is a web-based commodities risk management solution that integrates deal capture, valuation models, risk measurement, financial reporting, and independent market data. The market data includes forward curves, volatility surfaces, volatility skews and correlations across the spectrum of commodities.
RZB will use Kiodex’s commodity-specific models, market data and system to help enhance the service it offers its clients by providing them with quotes on swaps and options. It will then use Kiodex to capture and to track the position of its client trades. Each day, Kiodex provides more than 325 forward curves, volatility surfaces, and correlation term structures ranging in duration from one to seven years.
