25-Mar-10, UnRisk announces that it has entered into a partnership agreement with China Quants Co. Ltd, a Shanghai based quantitative finance services firm.

The announcement marks a new business development initiative, because it aims on the improvement of the level of financial engineering technology in China strongly supported by UnRisk know how packages. As part of the service China Quants will provide UnRisk technologies but also technology validation by seminar series as they are offered by the UnRisk Academy. Giving full explanation on the models, methods and implementations used in quantitative finance and UnRisk especially.

"This partnership is another validation of our strategy to deliver know how packages on top of our fast but accurate and robust valuation and risk technologies" said Herbert Exner, UnRisk business developer, "China's market dynamics will stimulate our development dynamics additionally. We like to serve markets individually, whilst driving generic technologies", adds Andreas Binder, CEO of the UnRisk maker, MathConsult.

"We are pleased to partner with UnRisk, because they will provide the tools required immediately and offer unconstrained inside-out knowledge transfers beyond product use training to package them to solutions that let customers grow along increasing complexity of deal types and portfolios", summarizes Shawn Liu, general manager of China Quants, why they selected UnRisk for supporting their center of innovation and services for the quantitative finance community in China.

UnRisk offers technologies for quants, front office professionals, risk controllers, risk managers, auditors and regulators. With a compact product family: UnRisk-Q, UnRisk PRICING ENGINE and UnRisk FACTORY and a series of insightful courses.

about China Quants: www.china-quants.com