The company said that the new solution will offer more accurate and efficient pricing of OTC derivatives and will meet the needs of a new generation of internet application users within the financial services community.

The new solution has access to various market-tested pricing and risk models as well as market data sources.

Dion has partnered with Numerix to integrate its CrossAsset analytics into dfferentia.

Dion head of financial analytics Kershasp Carnac said that dfferentia provides traders across the institution from multiple geographies with a single cross-asset OTC derivatives collaborative hosted solution.

"dfferentia focuses on both sales and interbank traders and their need for flexibility and speed to price, structure, and to collaborate and analyse their risk on-demand,"Carnac said.