Partnership to provide advanced pricing and risk sensitivities across synthetic CDOs and CLOs within the CDO Tools™ application suite

New York - October 26, 2009 – Numerix (, the leading independent service provider of award winning cross-asset analytics for the structuring, pricing and risk evaluation of derivatives and structured products, along with CDO Software (, a leading provider of CDO and CLO portfolio management tools, today announced their partnership to offer integrated “Numerix Powered” pricing and risk solutions within the CDO Tools™ application suite. 

Users of the CDO Tools™ suite, including portfolio managers, investors, risk managers and trustees in the credit markets, will be able to access the extensive Numerix CrossAsset library of independent pricing models and methods to price and generate risk sensitivities across synthetic CDO and CLO instruments. The flexibility of the Numerix CrossAsset library allows users to calculate risk analytics by specifying the copula type, correlation model and base correlations from reference deals.

“The integration of Numerix analytics within the CDO Tools™ application suite offers users a powerful and robust pricing and risk solution.  The wide variety of available models means users can now value virtually any credit product using Numerix’s different methodologies and custom model calibrations. We look forward to a successful partnership with CDO software,” said Steven R. O’Hanlon, President and COO of Numerix. 

"We are committed to working with Numerix to deliver an integrated solution that will provide participants in the market with the tools they need to better risk manage their portfolios,” said Sunay Shah, CEO and co-founder of CDO Software. “The ability to seamlessly run Numerix analytics, stress scenarios and automatically generate risk reports within our CDO Tools™ platform will enable users to analyse information from several perspectives and give firms in the market a transparent understanding of where their real risks and values lie.”

CDO Software’s tools integrate risk models and market data feeds, automate rating agency models and generate investor reports in one fully-audited environment.

About Numerix
Numerix is the leading independent analytics institution, providing award winning 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 partners across 25 countries rely on Numerix CrossAsset analytics and Portfolio systems 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

About CDO Software
CDO Software creates portfolio and risk management tools for asset managers, investors, risk managers and trustees in the CDO and CLO market. The firm’s award-winning platform integrates analytical models and market data feeds, automates rating agency models and generates investor reports in one fully audited environment. The CDO Tools™ application suite comprises of CDO Director™, CDO Grid™, CDO Investor™, CDO Reporter™, CDO Scheduler™ and CDO Tracker™. CDO Software’s management team has a wealth of experience in financial markets and specializes in credit derivatives, with a proven track record of delivering systems to major financial institutions. Please for more information.

Media Contacts:
Todd Swearingen
+1 646-898-1294

Iliana Davies
CDO Software
+44 20 7887 7878

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