Numerix Continues to Climb Chartis RiskTech 100 Rankings
Firm ranked 11th, up from 16th in 2007 and 46th in 2006
NEW YORK, November 13, 2008 – NumeriX, the leading independent provider of advanced analytics for the derivative and structured products markets, today announced its 11th ranking position in the Chartis RiskTech 100 report, an annual study ranking the top technology companies in the risk management industry based on a combination of functionality, core technology, organizational strength, customer satisfaction, market presence and new to this year’s methodology – innovation. NumeriX moved up five places from last year’s ranking of 16. NumeriX first entered in to the survey in 2006 and was ranked in the 46th position.
NumeriX scored extremely well in several individual category rankings. The company ranked 2nd overall in innovation and 3rd overall in customer satisfaction. Innovation rankings take into account new product development, exploitation and new business models. Customer service rankings are based on a combination of value-for-money, after-sales service and support, and frequency and quality of product updates.
“Our year over year climb up the RiskTech rankings is evidence of our commitment to excellence and our drive to provide industry-standard analytics to all market players in the form they need it, whether through an embedded system, Excel, Portfolio or one of our 40+ partners,” said Steven R. O’Hanlon, President and COO of NumeriX. “The capital markets and investor portfolios are only getting more complex, so it is critical to arm investors with accurate analytics and valuations to maneuver opaque markets and find transparency.”
For more information or to download the full RiskTech 100 report for free, visit www.chartis-research.com
NumeriX is the award-winning, independent leader in pricing and risk analytics for fixed income, credit, foreign exchange, hybrids, cross currency, inflation rate and equity derivatives. NumeriX has a financial engineering and quantitative team composed largely of Ph.D.’s on the same scale as the very largest of financial institutions. More than 350 clients across 25 countries rely on NumeriX risk analytic software for speed and accuracy in valuing their structured products and derivatives. Trading and risk platform vendors leverage NumeriX analytics to gain a time-to-market advantage by embedding the power of NumeriX into their systems. Founded in 1996, the company is privately held with offices in New York, London, Singapore, Tokyo and Hong Kong. For more information visit www.numerix.com.
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