Increasing Client Demand Prompts New Office Openings in Frankfurt and Milan, in addition to Further European Expansion in Stockholm, Paris & London

New York, NY – March 6, 2012 – Numerix (, the leading provider of cross-asset analytics for derivatives valuations and risk management, has expanded its local sales presence in Europe with the opening of two new offices in Frankfurt and Milan in addition to the expansion of its Stockholm, Paris and London offices.

Five industry experts have joined the Numerix EMEA team, helping to meet the increased demands for Numerix analytic and risk capabilities, as its clients continue to accelerate their integration of independent analytics and enhance their risk infrastructures to accommodate new regulations and market best practices.

The new EMEA team members include:

Wolfgang Porada, Regional Sales Manager, DACH: Wolfgang will be focused on managing and expanding Numerix’s client base across the German, Austrian and Switzerland territories. Prior to joining Numerix, he was Regional Manager for Northern Europe for QuIC. Wolfgang has strong knowledge of risk products, specifically PFE (Potential Future Exposure) / CVA (Credit Value Adjustment). Wolfgang is the first employee in Numerix’s newly opened Frankfurt office.

Maurizio Busetti, Regional Manager: Maurizio will run Numerix’s Italian office operations. Prior to joining Numerix, he was a Senior Sales Manager for Thomson Reuters in both Milan and Boston over the past 10 years focusing mainly on Trading and Risk Management practices and solutions.

Johan Stromberg, Regional Sales Manager, Nordic Region: Johan will be based in Numerix’s Stockholm office with responsibility for existing and new clients across the Nordic territory. Prior to joining Numerix, Johan worked for Thomson Reuters Sweden, and EFG Bank, Stockholm.

Nicolas Thevenet, Regional Sales Manager, France, Belgium, Luxembourg and Iberia: Nicolas joins Numerix from SunGard where he was selling risk management solutions to Western Europe, focusing on Risk, ALM (Asset-Liability Management) and Solvency II. Nicolas was responsible for opening the SunGard office in Madrid, Spain in 2001 to develop southern Europe business activities. Nicolas is based in the Paris office.

Helena Frumson Belitsky, Regional Sales Manager, UK/Ireland & Central and Eastern Europe: Helena joins Numerix from Sungard where she was responsible for selling risk management solutions to buy and sell-side firms in the UK and CEE territories. Helena is based out of the London office.

“We are very excited to have Wolfgang, Maurizio, Johan, Nicolas and Helena joining the Numerix EMEA team. Their proven talent and collective experience will greatly benefit our product offerings,” said Steven R. O’Hanlon, President and COO of Numerix. “The European marketplace is extremely important to Numerix, and our expansion in the region will continue to benefit our local clients and expand the robustness of our global offerings,” he added.

“I’m delighted to formally announce the creation of this excellent Numerix EMEA business team,” said Nick Haining, Managing Director, Numerix EMEA. “Their breadth of experience and local market knowledge not only allows us to expand Numerix’s presence in this key region, but also increase the local support to the region’s already long-standing client base.”

O’Hanlon added: “At Numerix we’re continually seeking to increase our reputation as the industry’s most recognized provider of cross-asset analytics for derivatives valuations and risk management. By recruiting the best talent we possibly can from across the industry we’re able to provide our clients and partners with an exceptional level of support and the utmost respect.”

Numerix also recently welcomed to its Paris office Udi Sela, formerly the FX and Cross Asset Suite Product Manager of SuperDerivatives and Rene Anger, co-founder and the former Chief Technical Officer, General Manager of IT & Valuation Services at Pricing Partners.

The newly expanded Numerix offices are located as follows:

Numerix Software Limited
An der Welle 4
60322 Frankfurt am Main, Germany
Tel: +49 (0) 69 7593 8200

Numerix Financial Software Italy S.r.l.
Via Monte di Pieta’ 21
20121 Milano, Italy
Tel: +39 345 828 5440

Numerix Sverige AB
Birger Jarlsgatan 2, 5th Floor
114 34 Stockholm, Sweden
Tel: +46 (0)8 505 65 100

Numerix LLC France SARL
8 rue de l'Isly, 2nd Floor
75008 Paris, France
Tel: +33 (0) 1 7577 5280

Numerix Software Limited
41 Eastcheap, 2nd Floor
London, UK EC3M 1DT
Tel: +44.20.7648.6100

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 75 partners across more than 25 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, London, Frankfurt, Milan, Stockholm, Tokyo, Hong Kong, Singapore, Dubai, South Korea, India and Australia, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information please visit

Numerix Media Contact
Emily Ahearn
Director of Public Relations
Phone 646 898 1294

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