Derivox provides a web API that delivers end-of-day interest rate data, including yield curves for ARRs, IBORs, and government bonds across major currencies, directly integrated into Treasury Management and Core Banking Systems. This solution enables treasury managers and financial institutions to monitor liquidity and assess risks effectively, ensuring access to reliable rates without unnecessary complexity or high costs.
Funding
Funding not disclosed
Founders
Product
Problem
Treasury managers and financial institutions require reliable, up-to-date interest rate data to effectively monitor liquidity and assess financial risks. Accessing this data often involves complex processes, high costs, and limitations on team access, hindering efficient decision-making.
Solution
Derivox provides a web API delivering end-of-day interest rate data, including yield curves for various benchmarks across major currencies, directly integrated into Treasury Management Systems (TMS) and Core Banking Systems (CBS). The service offers a straightforward pricing model with unlimited team access, enabling comprehensive data utilization. Derivox also provides an Excel plugin for effortless access to end-of-day rates, ensuring users stay updated with accurate and timely data.
Target Audience
Derivox primarily targets companies and small banks with $50M–$500M AUM or significant borrowings or variable-rate exposures. The company also targets treasury management and core banking system providers looking for market data to resell.
Features
- Web API for direct integration with TMS and CBS platforms
- Excel plugin for easy access to end-of-day rates
- Coverage of ARR, IBOR, and government bond yield curves across major currencies
- Data horizon of up to 30 years, depending on the pricing plan
- Straightforward pricing with options for up to 3 team members or unlimited team members
- Consulting services available for setup optimization