Numerix Ranks #1 in nearly all Asset Classes, Recognized as #6 Risk Technology Company in World
New York, NY – February 1, 2017
Numerix, the leader in risk technology today announces the results of the 2016 Risk Technology Rankings. Numerix ranked #1 in almost all individual Pricing & Analytics categories including Equities, Fixed Income, Currencies, Credit, Structured Products/Cross-Asset and ranked #6 overall amongst an impressive list of technology providers. This comprehensive survey, conducted annually by Risk.net, attracts support from a diverse global base of financial services end users of derivatives trading, pricing & analytics and risk management software.
Numerix cites that like banks and buy-side institutions they serve, the company has had to rapidly advance technologies at every layer of its software stack bringing significant benefits to the digitalization, extensibility, scalability and elasticity of its solutions.
“Our technology transition over the past year has helped Numerix to engage with its clients about how they can evolve their own IT ecosystems," says Steve O’Hanlon, CEO of Numerix. “Central to this conversation is discovery around how flexible, integrated trading and risk platforms, fully compliant with the new regulatory regime can serve as a catalyst or jumping off point for transformation. We encourage our clients to not think of their risk systems on a desk by desk basis but in a broader context in terms what is needed to build a modern IT architecture of today across the enterprise.”
He continues, “Our position in this year’s rankings and other like the Chartis RiskTech100 list is a true reflection of Numerix’s shift to a fintech brand and risk technology solutions oriented company. With this in mind we are focused on the technology transformation occurring across financial services in 2017 setting groundwork for what needs to be done in preparation for regulations like FRTB, and because the transformation is larger than FRTB and 2017, we also taking the long view and identifying key opportunities for the future.”
The company ranked #11 on the Chartis RiskTech100 2017 list, the industry’s most comprehensive study of the world’s most significant risk technology companies. O'Hanlon also ranked #34 on the prestigious Intuitional Investor Tech 50 list, improving 8 spots year-over-year, and was recently selected as a 2016 Red Herring Top 100 Global winner – a list recognizing the world’s leading technology firms for their cutting edge innovations and insights.
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, over 700 clients and 90 partners across more than 26 countries have come to rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments. With offices in New York, Boston, Chicago, Los Angeles, Mexico City, Miami, Vancouver, London, Paris, Milan, Helsinki, Frankfurt, Dubai, Beijing, Mumbai, Hong Kong, Seoul, Singapore, Sydney, Tokyo and Taipei, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information please visit www.numerix.com.
PR Contact:
Emily Jean-Pierre
Vice President of Public Relations
P: +1 646 898 1294
M: +1 646 373 9654
ejeanpierre@numerix.com
