In recent years, FX (Resettable) Flexible Forwards significantly gained popularity among corporate clients and hence among global payments platforms, currency risk managers, and market-making banks. Despite their apparent simplicity, they are in fact subtly complex, as they embed a time-option (in the form of an American-style exercise right) and are strongly sensitive to the interest rates differential

I have founded Volmaster, a fintech company based in Amsterdam, in 2010, in order to pursue innovative ideas in the numerical computation of the price of FX derivatives. I have personally conceived and written a large part of Volmaster code, while also managing the company in a position of Managing Director. As of the time of writing, Volmaster FX is positioned as a highly praised and authoritative software solution, known in the industry for its high precision, reliability, transparency and its advanced modelling. In the course of the last few years, Volmaster has achieved some remarkable results : it’s worth mentioning that the SLV (Stochastic-Local Volatility) model specifically implemented in Volmaster is mentioned and documented in the very well known books of Prof. Uwe Wystup; Volmaster is often used for advanced courses by London Financial Studies in London, a high profile specialized education company; Volmaster has achieved a European patent, for an innovative payoff-scripting technology; a special edition of Volmaster software runs within Refinitiv’s Eikon platform; several high-profile market-makers are enthusiastic users of the platform.