# Do I break any law/agreement by answering/asking question on how vendors (Murex,Sophis,etc) do pricing? [closed]

I doubt it is legal, as I never saw any open access information about any vendor. But, maybe somebody can pinpoint me to some clear answer. Thanks!

• I understand that you talk about valuation of financial derivatives. The out-of-the-box pricing models of valuation / FO systems are usually well documented. Usually, banks implement their own models and these are strictly speaking IP; you would break the law / your job contract / your consulting agreement if you publicly disclosed these. No worries about out-of-the-box models, though. These are usually from the academic literature in the first place... Nov 10 '20 at 16:12
• You bring up very important points - I'll edit my answer if you don't mind. Nov 10 '20 at 17:23
• @DimitriVulis of course, no worries Nov 10 '20 at 17:31
• I’m voting to close this question because legal advice is off topic. Nov 10 '20 at 20:35
• @BobJansen, I think this is more a question to quants, not legal per se Nov 10 '20 at 20:40

In my opinion, if a question is phrased, for example, "How does some vendor deal with LIBOR-SOFR migration, possibility of negative interest rates, etc for interest rate options" - that's really not a very good question for this site. Ask the vendor. If the vendor can't give a satisfactory answer, then consider doing business with a different vendor.