Deriscope™ is a locally installed application specializing in financial derivatives valuation.
Market rates, conventions and instrument definitions must be supplied by the user.
Accessible through Excel or as a stand-alone executable.
All asset classes are supported.
Interest Rate, Fixed Income, Credit, FX, Equity and Hybrid products.
Current focus is on bonds, interest rate swaps, cross currency swaps and inflation linked bonds and swaps.
Discounting/forecasting yield curves
built from futures, swaps, ois, xccy swaps etc.
Inflation curves built from inflation bonds and swaps.
Credit curves built from cds.
Volatility surfaces and cubes built from equity/fx options and swaptions.
Deriscope's analytics is powered by
fully tested versions of the QuantLib and ORE C++ libraries, continually supplemented by
our proprietary code.
Its state-of-the-art models can handle today's complex financial derivatives.
Deriscope is fully integrated with Excel.
Apart from the exported functions, a dedicated task pane and ribbon menu are available to help
the user with choosing the right input arguments and understanding their meaning.
Attention to detail is critical for our front office clients.
All market conventions, calendars and term sheet values are meticulously considered.
Output numbers are accurate to a tenth of a basis point.
Calculations are fast enough to support real-time trading.
Detailed information on all input and output data is
dynamically generated and displayed according to context.
Invalid user input leads to the display of smart diagnostic messages that assist the user with error detection and correction.
All Deriscope operations can also run without Excel
through a stand-alone executable that processes data in XML format.
Also Excel-based processes can interact with XML streams.
This allows for an easy integration with other IT systems.
Generally the user is responsible for supplying Deriscope with the
necessary live or historical market data.
The only exception is with equity prices and fx rates, which Deriscope can bring to Excel by linking
to external providers such as Yahoo Finance.
Deriscope is from ground up designed to be used even by people who have no special background
in programming or derivatives pricing.
All concepts are interactively explained while they are used and whole working spreadsheets
can be put together by the wizard with a few intuitive mouse clicks.
But still there will be times when you would rather avoid going through the learning curve of
using Deriscope efficiently and prefer to have the solution to your problem prepared and delivered.
While the Premium license comes with substantial professional support, you may also contact us
for a special arrangement, whereby the desired solution is implemented fully by us.
There are several types of financial professionals who can benefit from Deriscope.
Successful traders often run their own custom analytics to verify 3rd party output numbers and
evaluate the impact of likely market scenarios.
They benefit from Deriscope's flexible presence in Excel that allows them to design
their preferred trading strategies and get the numbers they need at real time during trading.
Risk Managers are less interested in precision and speed but need to evaluate trading books
that often contain thousands of transactions.
They benefit from Deriscope's fast processing of very big books and the ease by which they
can make adjustments for new instrument types and pricing methodologies.
Model Validators are mathematically oriented professionals who are suspicious of
opaque processes that lack a logical explanation.
They benefit from Deriscope's wealth of mathematical models and its Lego design
that allow them to build pricing spreadsheets in a fraction of the usual time.
Fund managers must know the value and risk of their portfolios on a daily basis, but often need to
rely on expensive third party systems that lack transparency or customization features.
They benefit from Deriscope's assistance in setting up their own local pricing procedures,
which they can customize and control as they wish.
Consultants use Excel because of its flexible handling of diverse client data.
They benefit from Deriscope's versatility that allows them to work on many different instrument
types and client data formats.
Due to their intermediary role, consultants may be eligible for a deeply discounted or free team license.
Contact Us for Details
Academic faculty have a unique opportunity to use Deriscope both as a teaching aid
and a research tool.
For example, realistic industry-linked and Deriscope-based spreadsheet exercises can be handed out to students.
Interested academic institutions may be eligible for a free team license.
Contact Us for Details
Detailed instructions available at Setup of a Free Trial Version
Step 1:
Visit the
Free Download Page to
download the windows installer file of the latest version.
No registration required!
Step 2:
Run the installer file to
install Deriscope on your local device.
Step 3:
Start Excel and notice the new ribbon Deriscope element.
You will be able to use all Deriscope features for a free 2-week trial period.
Step 4:
Visit the Pricing Page to
purchase your desired license if you want to keep using Deriscope beyond the trial period.
Step-by step guides on using Deriscope can be found in the Resources site that hosts blog articles and video tutorials.
For a more structured and faster learning, the Quick Guide lists links to educational material in stages progressing from introductory to advanced levels.
Our Frequently Asked Questions (FAQ) section provides answers to most questions you might have about Deriscope.
Treated topics include installation, operation, billing and troubleshooting.
If you prefer to have a private discussion about Deriscope features or consulting services, feel free to contact us.