International Business Machines Corp. unveiled last week what it claims is an innovative technology that allows investment firms to price derivatives more accurately.

Traders can use the calculation software tool to arrive at theoretical values for collateralized mortgage obligations, interest rate swaps, and other complex derivatives much faster than existing systems used on Wall Street, IBM officials said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.