Independent valuation provider Pricing Partners has announced a distribution agreement with Belatos Limited to deliver its full solution suites throughout the entire Asia-Pacific region.

Pricing Partners provides mathematical models and analytics for derivatives and structured products, and first line support will be provided out of Belatos Hong Kong office. Belatos distributes and supports Financial Software across the Asia Pacific region. Belatos.

Didier Joannas, managing director of Belatos, said: "Recent events have shown us that regional banks, hedge funds, asset managers and insurance companies alike cannot rely exclusively on the pricing given by the entities who sell them derivatives anymore. Furthermore, regulators and auditors are pushing market players to have their own in-house pricing tools or, at the very least, to have an independent valuation partner.

"Pricing Partners has recently been the fastest growing provider of analytics for exotics and structured derivatives products in Europe. Many tier-one institutions are directly using the Price-It solution and recommending it to their clients and counterparts."