Complex sentence: In response to this traders and risk managers, increasingly, use "smile-consistent" models when valuing derivatives not directly mapped to the surface, facilitating the pricing of other, i.e. non-quoted, strike/maturity combinations, or of non- european derivatives.
Split into simpler sentences: In response to this traders and risk managers, increasingly, use "smile-consistent" models when valuing derivatives not directly mapped to the surface. Facilitating the pricing of other, i.e. non-quoted, strike/maturity combinations, or of non- european derivatives.