PLATFORM / DECIDE / X-ORIGINATION
DECIDE · 02
Price the flexibility they hope you give away.
X-Origination prices every flexibility in a term negotiation, destination clauses, volume tolerance, indexation choice, intrinsically and extrinsically, before you concede any of them.
$0.5–2M
PER CONTRACT YEAR IN DESTINATION FLEX ALONE
What destination flexibility alone is typically worth, priced, not guessed, before you concede it.
WHAT IT DOES
Destination clauses priced
The dollar value of every re-routing right.
Volume tolerance
Upward and downward flex, valued.
Indexation choice
Which index actually pays over the curve.
Intrinsic + extrinsic
Both the certain and the optional value.
Re-priced between two calls
A counter-offer valued while the negotiation is still running.
Negotiation floor
Know your walk-away before the call.
INSIDE X-ORIGINATION
INTRINSIC + EXTRINSIC · EVERY CLAUSE IN DOLLARS
PROVEN ON REAL BOOKS
HOW IT WORKS · YOUR WORLD IN, DECISIONS OUT
01 · WHAT GOES IN
↓ Term-sheet clauses
↓ Forward curves
↓ Volatility
02 · CALYPSO ENGINE
One optimisation over the whole problem, re-solved as the market moves.
03 · WHAT COMES OUT
→ Clause values
→ Intrinsic + extrinsic
→ Negotiation floor
THE QUESTIONS IT ANSWERS
UC-11
A 3-year SPA is on the table.
Destination flex, volume tolerance and indexation choice, valued intrinsically and extrinsically before you concede any of them.
UC-05
The tender closes at 14:00. Where is your floor?
Below which price does the delivery destroy portfolio value? Computed against the whole book before the deadline, not estimated.
“Calypso’s team delivered the customisation modules for the specific needs of our desk, from upstream to downstream.”
YOUR WORLD GOES IN
Excel, API or your ETRM. No IT project, no year-long integration.
LIVE IN SIX WEEKS
From first call to a live desk. The engagement, week by week →
TRUST
ISO 27001:2022 certified. Data hosted in Germany. The quant team stays on your account.
PART OF DECIDE
Real-time answers for the calls that cannot wait: netbacks, deal valuations, the morning’s positions.