Numerix Bolsters AsiaPac Leadership Team with Promotion of Yukiko Nakamura to Managing Director, Tokyo
Nakamura will be responsible for initiatives in Japan and Korea as NumeriX continues to grow in the AsiaPac region
New York, October 8, 2008 – NumeriX, the recognized leader of analytic solutions for structuring, pricing and risk analysis of derivatives and structured products, announced today that Yukiko Nakamura has been promoted to Managing Director of NumeriX Tokyo office. Ms. Nakamura, who was promoted from her position as Vice President of Business Development for APAC, will oversee the company’s operations in Japan and Korea at a time when NumeriX is gaining momentum in the AsiaPac market.
Ms. Nakamura brings over 12 years of experience in the derivatives and structured products markets and front office systems to her new position. Most recently, she has held roles at Calypso, Sophis and Mysis.
“We are pleased to have Yukiko as part of our executive team, and we are confident given Yukiko’s unique combination of experience in analytics, systems and derivatives will bring new insight and value to all of our clients throughout Japan and Korea,” said Steven R. O’Hanlon, President and COO of NumeriX. “AsiaPac is a strategic market for us, and we are confident that Yukiko will oversee a period of great growth and prosperity for NumeriX in the region.”
“Given the state of the global markets and the dynamic landscape of both Japan and Korea, this clearly is an interesting time for the derivatives and structured products markets,” said Yukiko Nakamura, Managing Director, Tokyo. “I am pleased for the opportunity to expand the NumeriX brand and to work with financial institutions during this time of stress to help them employ NumeriX best-of breed solutions for valuation and risk management.”
NumeriX first opened its Tokyo office in 1998 and its analytics are utilized by the top 20 financial institutions in Japan. NumeriX also has offices in Singapore and Hong Kong. Structured Products magazine recently named NumeriX “Technology Provider of the Year” in Asia, and the company has established several recent partnerships to bolster its presence in the region.
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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