Thursday, July 31, 2008

Derivix is a financial services software company that provides institutional-strength, broker-neutral options pricing and analytics solutions

What Company Is Offering:
Derivix is a financial services software company that provides institutional-strength, broker-neutral options pricing and analytics solutions to the industry’s leading options traders and hedge funds. Derivix sets the new standard in analytics systems offering customers the quality and powerful tools they need to keep ahead of the electronic trading revolution.

How Much They Got From VCs:

Derivix, a broker-neutral provider of institutional-strength options pricing and analytics solutions to the industry’s leading options traders, announced today that it has received Series A funding from leading Wall Street firms Goldman Sachs and Susquehanna Growth Equity, LLLP (SGE).

Derivix provides its customers with a competitive edge in the markets with best-of-breed, next-generation tools that offer advanced real-time options analytics and pricing, risk management and broker-neutral access to their customers’ choice of execution provider. Derivix’s intimate knowledge of the options world ensures that its clients remain competitive in today’s constantly changing electronic marketplace. This round of funding, representing a minority stake in the company, will allow Derivix to power continued product innovation, drive new customer acquisition, expand its sales team and presence in the New York and Chicago markets and rise to the overwhelming market demand for its high-end options trading solutions.

More at:www.derivix.com

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