Pricing Partners' tool for derivatives and structured products, Price-it Valuation, is now using with grid computing to accelerate the pricing speed for its flagship independent valuation service, Price-it Online, delivered as a SaaS platform.

Price-it Valuation is designed to retrieve all the related deals, generate valuation reports, and export the information containing deals and market data to a large grid. The program interacts with Pricing Partners' main solutions such as Price-it Online and the Price-it Library commercialised in Price-it Excel. The embedded grid computing technology is designed to optimise pricing time performance. Hence, the valuation computing time is increased to 500 deals per minute.

By integrating grid computing technology into the Price-it Valuation tool, Price-it Online could improve the usability to eliminate time-out interruption and speed up the valuation report generation. Price-it Online users should be able to simultaneously price multiple deals or execute various simulations, and so reduce workload.