United Bulgarian Bank (UBB) will start by implementing the SD-FX foreign currency module for its trading and sales desks. web-based SD-FX now supports over 150 options and structured products as well as baskets, cross-asset hybrids and other correlation based structures. It integrates real-time market data for over 100 currency pairs including all emerging markets from Peru to Vietnam.

Ivan Koutlov, head of treasury, United Bulgarian Bank, said: The SuperDerivatives platform has significantly improved our trading effectiveness, resulting in increased volumes, margins and profits. Prior to deploying the platform, we had to get data from different brokers and banks and then manually perform the calculation which wasn’t always very accurate or scalable.