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About

Deriscope is a locally installed Excel Add-In used for financial derivatives valuation purposes. It comes with an integrated user-friendly wizard that allows the user to create various important structures, such as yield and volatility curves and use them to price financial instruments such as options, bonds, interest rate swaps, swaptions, caps, floors, credit default swaps, inflation swaps, basket options etc. A large part of its analytics is carried out by well regarded open source financial libraries, such as QuantLib. Apart from the price and risk of the referenced instruments, Deriscope's output includes detailed cash flows and several quantities of interest and is accurate to within a fraction of a basis point. All daycount, calendar and other conventions are accounted for. Portfolios consisting of several thousands of single instruments can be effortlessly processed.

About

EASA has a unique approach to deploying existing, Excel spreadsheet-based tools as secure, custom web applications. These apps can be deployed within a web portal for use by internal or external staff, including partners, resellers, suppliers or customers as well as subscription based applications (SaaS). Unlike competing solutions, sophisticated spreadsheets with VBA, macros and add-ins can be deployed with EASA. Furthermore, EASA provides full database functionality, approvals and notifications and integration with CRM and ERP systems. Common use-cases include the deployment of spreadsheets used for CPQ (configure price quote), insurance raters, financial analytics, engineering calculations, and many more. Your existing spreadsheet becomes the “engine” for the web app, eliminating any need to extract the logic and reprogram in a separate solution. If your company has made a significant investment into critical spreadsheets, then learn why AIG, Voya, HP and others rely on EASA.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Primarily front office traders working in the banking and fund industry, but also model validators and consultants.

Audience

Companies with critical processes which are underpinned by Excel

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$300/month/user
Free Version
Free Trial

Pricing

No information available.
Pricing is based on the specific configuration and options needed by each customer. You have two options for implementation - you can build the app, on-prem, or we can implement it for you and you can install on your network or cloud. Contact EASA for a custom quote.
Free Version
Free Trial

Reviews/Ratings

Overall 5.0 / 5
ease 4.8 / 5
features 4.8 / 5
design 5.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 4.5 / 5
ease 4.0 / 5
features 4.5 / 5
design 4.0 / 5
support 4.5 / 5

Pros & Cons from Real Users

Pros

  • - transparency of model parameters - selection of several model types - user-friendly interface - excel feature allows flexibility for market data inputs - can price several products
  • The add-in is really detailed and well designed so that it can be easily adapted for purposed large and small. My use case was very specific and likely not very common with typical users but between the add-in's functionality and the excellent support from the developer I was able to achieve the functionality I needed very easily and quickly.
  • Flexible and easy to use, spot on pricing, direct line with Ioannis to fix problems and developing new features.
  • Deriscope provides a suite of Excel-based derivatives pricing and analysis tools - after trialing and researching various products in the market (Bloomberg MARS, FINCAD, Murex to name a few) it became clear that Deriscope provided the greatest degree of customisability and therefore insight. Another advantage over competitors is the vast range of products and functions that are available. It avoids being a black-box pricing system unlike rival products and it is possible (if one wants and if one is brave!) to delve deep into the fundamentals of how the software works. Its user-friendly, object oriented nature makes it an excellent Excel-embedded solution that I would highly recommend. I would specifically recommend the premium version that makes available custom solutions and consulting - Ioannis has been extremely helpful in implementing new, more niche features.

Cons

  • None.
  • I do not really have anything negative to say about the product. Maybe the only thing would be that there is a bit of a learning curve at first use of the product but one you adapt it and become more familiar it is much easier to use. Also, some of the learning curve comes from the fact that the functionality is very robust and flexible.
  • At times it can be hard to run on a live / auto-refresh excel sheet.
  • There are very few negative points that I have encountered in my time using Deriscope - perhaps due to its far more involved and customisable nature, it will take slightly longer to onboard than, for example, Bloomberg MARS.

Pros & Cons from Real Users

Pros

  • I like as a "citizen developer" I am able to develop and publish my own applications without having to rely on IT and having the budget for IT development beyond the ongoing licence costs. For somebody of the right mindset (the sort of person who develops spreadsheets/macros) it is easy to pick up and create/deploy apps quickly. The ability to put a wrapper around a pre-existing excel is also attractive so you don't have to code logic but you are also able to build out an application without this. The tool itself is also pretty quick.
  • It offers a secure environment for users to use, store and retrieve key information that could help decision making in the organization. Being able to host the tool via EASA in the intranet is a key for us.

Cons

  • It can be tricky to debug an application and this can cause frustration because you can add the basics of a feature in 30 minutes (great!) then spend 30 minutes figuring out the one thing you've not got quite right (frustrating) - compare this to being able to easily step through code in other applications. There are some basic debugging tools, and you can build your own in but this can be time consuming and it would be nice if this was standard. On occasion this debugging has uncovered bugs in the underlying software, but these can normally be worked around and EASA are supportive in finding work arounds quickly.
  • I hope the user interface could be improved further and the setup process could be easier.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Deriscope
Founded: 2018
Germany
deriscope.com

Company Information

EASA
Founded: 2008
United States
easasoftware.com

Alternatives

Alternatives

AMTOS

AMTOS

Aggregator Solutions Ltd.
Intellimas

Intellimas

Singletree Technologies

Categories

Categories

CPQ Features

2D Drawing
3D Modeling
Approval Workflow
eCommerce
Guided Selling
Product Configurator
Proposal Generation
Quotes / Estimates
Renewal Management
Self Service Portal

Low-Code Development Features

AI-Assisted Development
Business Process Automation
Collaborative Development
Data Aggregation and Publishing
Deployment Management
Drag & Drop
Integrations Management
Iteration Management
Performance Monitoring
Requirements Management
Templates
Visual Modeling
Web / Mobile App Development
Workflow Management

Proposal Management Features

Automatic Formatting
Calendar Management
Collaboration
Contact Management
Content Repository
Document Management
Electronic Signature
Knowledge Library
Pipeline Management
Requirements Management
Revision Management
RFP Management
Task Management
Templates
Version Control

Quoting Features

Automated Quoting
Catalog Management
Client Portal
Contact Management
Customer Accounts
Customizable Branding
Discount Management
Forms Creation
Pricing Management
Product Configurator
Proposal Management

Spreadsheet Features

Analytics
Audit Trail
Calculators
Charting
Multi-User Collaboration
Templates

Integrations

Microsoft Excel
Inventor Nastran
MATLAB
Microsoft Dynamics GP
MySQL
R-Studio
Salesforce

Integrations

Microsoft Excel
Inventor Nastran
MATLAB
Microsoft Dynamics GP
MySQL
R-Studio
Salesforce
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