New York, July 16, 2008: Julius Finance, the leaders in model fusion for the $58 trillion dollar credit derivatives market, today announced that due to overwhelming interest it has topped up its seed round at a substantial uplift in valuation. This brings the seed round investment to over US$1m, subscribed to by some of the brightest minds on Wall Street. Julius's groundbreaking technology is rapidly leveling the playing field for participants in the $58 trillion dollar credit derivatives market, delivering dealer-beating analytics, relative value signals and essential risk analysis.

The seed-stage funding is being used to drive core development of the underlying technology and commercialization of JuliusProp™, an enhanced analytic data service for end users which provides a full range of market implied risk metrics, exotic prices, and forward-looking analysis uniquely derived using next generation unified credit models. Calibrated using the full set of observed CDS quotes, CDX and ...   more »