France-based OFI Asset Management has selected Quantifi XL financial risk solution for the pricing and analysis of its structured products and distressed market portfolios.

Quantifi said that the XL solution is an extensive suite of add-in functions for Excel. By utilizing advanced numerical methods, Quantifi XL can be deployed swiftly for providing fast pricing for financial institutions with access to pricing and risk analysis of credit products from within Excel.

Guillaume Launay, head of structured credit at OFI, said: “Quantifi analytics are particularly powerful and flexible, and we highly value the robust functionality, which has empowered us to streamline the pricing and analysis of our structured credit portfolio. Quantifi XL is now considered to be an integral component within our structured credit business and has allowed us to enhance the manner in which we monitor and control our risk.”

Quantifi is a US-based provider of analytics, trading and risk management solutions for the global capital markets.