SuperDerivatives wins FX Week’s Best Vendor for Risk Management and Options Pricing Software award for fifth consecutive year

London, 19 November 2008 - SuperDerivatives®, the world’s leading multi-asset derivatives solutions provider, has been voted Best Vendor for Risk Management and Options Pricing Software in FX Week’s Best Bank Awards for the fifth year running.

The annual awards are the benchmark for performance in the global FX industry and are the most accurate indicator of who is leading the market, according to banks, corporate treasuries and investors.

SuperDerivatives received strong support for its unique FX solution, which includes a real-time pricing and analytics system that provides independent pricing for the widest range of FX derivatives, as well as workflow, risk management, reporting and analysis tools. This helps institutions manage business opportunities by hedging risk, generating revenue and independently revaluing multi- and single-asset derivatives portfolios.

The web-enabled FX service allows users to collaborate, distribute and communicate FX derivatives strategies and trading ideas across their organisation and with their customers, providing confidence through excellent customer service.

David Gershon, CEO, SuperDerivatives, comments: "To have the honour of winning this award for five consecutive years is further proof that SuperDerivatives has become an indispensable tool for institutions on both the buy- and sell-side that are serious about their FX derivatives business. "Changing market conditions, such as those we have seen over the past year, have created new opportunities in FX, and SuperDerivatives enables institutions to maximise these opportunities with efficient, trusted and independent derivatives pricing, workflow and risk management tools. "We’d like to thank our clients across the world for their continued support and for the insightful feedback and input they provide, allowing us to continually update and improve the service we offer."

Saima Farooqi, Editor, FX Week, added: "This year's awards not only recognise the leaders in the industry, but also those that have proved they support customers during periods of unprecedented market stress. "The results reflect the opinions of 7081 banks, corporates and investors, globally, that contributed towards this year's survey."