With Numerix Credit XL, institutions gain the ability to structure, price and manage complex trades and strategies involving synthetic credit securities.
The credit module includes all of the key benefits of Numerix CrossAsset XL, such as a flexible and transparent pricing architecture, a unique deal-scripting language for specifying arbitrary payoffs and customizable blotters and risk reports for analyzing and managing trades.
Users also have access to advanced capabilities for pricing credit portfolios, including the ability to calibrate base correlations for various market conditions, price and hedge heterogeneous CDOs, and calculate Credit Spread VaR and Default VaR/Shortfall.
If your needs expand in the future to encompass other asset classes, Numerix provides turn-key capability for adding other modules within the Numerix CrossAsset suite — providing a consistent and interoperable analytics platform across your derivatives desks.
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Structure and price any type of deal using customizable inputs
Example: Fixed-Rate Bond Asset Swap
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Numerous 'Quick Start' templates help speed deal structuring
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Numerix's payoff scripting language provides ultimate flexibility and transparecy in representing custom deals
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