Numerix’s analytics praised for their ability to solve any valuation challenge

New York, NY – December 10, 2009 – Numerix, (www.numerix.com) the leading independent provider of cross-asset analytics for the structuring, valuation and risk analysis of derivatives and structured products, today announced that it has been recognized as being among the top technology firms for the 21st Century by European based publication Financial News. The fourth annual Financial News listing recognizes those top 21 technology firms that have responded to one of the most turbulent periods in the market’s history by developing various new products and services.

According to the editors at Financial News, on the fixed-income side, the great challenge compounded by the collapse of Lehman Brothers and AIG, has been valuing complex and often illiquid assets.  Numerix is among those firms that have excelled in this market and seized on the financial crisis to establish itself in Europe this year.

The editors also mention that Numerix’s analytics were praised by one US-based consultant for their ability to solve any valuation challenge, providing accurate mark-to-model pricing for any structured financial product in all asset classes, including hybrids – especially important in Europe, the middle-east and Africa where structured products remain an important part of many portfolios.  Numerix has been integrated into several of the world’s largest third-party trading and risk platforms, enabling clients to automatically value their assets in a high performance, transparent and consistent way.  The consultant added:  “This improves stability in all trading areas. The flexibility of Numerix’s solution is a clear differentiator.”

“We are extremely proud to be among those technology companies recognized by Financial News for 2009,” said Steven R. O’Hanlon, President and COO of Numerix. “While the recent credit crisis and related events of 2009 may have presented a difficult and challenging business environment for most firms, Numerix saw this as a tremendous opportunity to firmly establish itself as the leading independent provider of pricing and valuation services across the European region.  In 2009 Numerix continued to bring new pricing and analytical models to market, enabling customers to operate efficiently in a marketplace characterized by increased volatility and uncertainly. Specific to this Numerix introduced a new model developed for the purpose of hedging Collateralized Debt Obligations (CDOs).”

ABOUT NUMERIX
Numerix is the award winning, leading independent analytics institution providing cross-asset solutions for structuring, pre-trade price discovery, trade capture, valuation and portfolio management of derivatives and structured products. 

Since its inception in 1996, more than 375 financial institutions and 45 strategic partners across 25 countries rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments.  With offices in New York, London, Tokyo, Hong Kong, Singapore and Dubai, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines.  For more information, please visit www.numerix.com.

Media Contact:
Todd Swearingen
Numerix
+1 646-898-1294
tswearin@numerix.com

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