Numerix CrossAsset Pricing & Risk Engine Leads Way for Derivatives and Structured Products Technology Innovation

New York, NY – June 17, 2014 – Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, today announced it has been recognized for Best Pricing or Valuation Solution in the 4th Annual FTF News Technology Innovation Awards 2014. This award program showcases the professionals, financial technology vendors, service providers, industry bodies and regulators that have made significant strides and noteworthy achievements in operational excellence in the past year.

“Renowned for its proven flexible pricing capabilities, Numerix CrossAsset was founded upon its ability to quickly structure and price any derivative instrument, utilizing its comprehensive model library to provide consistent, transparent valuations to every level of the organization,” said Steven R. O’Hanlon, Chief Executive Officer & President of Numerix. “Over the past five years Numerix continued to innovate, evolving CrossAsset into a scalable analytics engine for real-time risk, pre-trade pricing and optimized trading and risk decision making.”

He continues: “CrossAsset has enabled Numerix clients to solve the business problems they haven’t been able to address until now. From best-in-class XVA pricing tools to providing the pivotal flexibility to model complex bespoke trade types and structured products in fractions of a second, Numerix has not only improved efficiency and performance but built technology infrastructure for future scalability.”

“It was a very competitive and record-breaking awards season this year from the nominations process to the close of voting. We had more than 12,000 qualified industry participants involved in the process,” said Maureen Lowe, founder and president of FTF. “It’s a clear demonstration of how important and highly regarded the financial technology service, systems and software providers are to their clients and peers. We congratulate all the winners for achieving the highest form of excellence in their respective categories.”

This year’s awards nominees were suggested by the industry professionals themselves — including technology and services providers, consulting firms, industry utilities, industry bodies, regulators, exchanges, and financial services institutions such as investment banks, broker/dealers, custodians, and buy-side and sell-side firms. Steven R. O’Hanlon, Chief Executive Officer accepted the award for Best Pricing or Valuation Solution on behalf of Numerix at the FTF News awards ceremony and dinner aboard the Hornblower InfinityYacht on June 16 in New York City.

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 80 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, Sao Paulo, London, Paris, 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 www.numerix.com.

About Financial Technologies Forum and FTF News
Financial Technologies Forum, LLC (FTF) is a leading provider of executive-level events and training focused on trends and initiatives in securities trading and operations.  Its global client base consists of senior level securities professionals from over 30 countries. FTF News is an online newsletter focused on securities trading and operations. It offers a global interactive community where professionals can find original editorial content, daily news, in-depth analysis and industry research. For more information please visitwww.ftfnews.com.

Numerix Media Contact
Emily Ahearn
Director of Public Relations
Phone 646 898 1294
Email: eahearn@numerix.com

 

Need Assistance?

Want More From Numerix? Subscribe to our mailing list to stay current on what we're doing and thinking

Want More from Numerix?

Subscribe to our mailing list to stay current on what we're doing and thinking at Numerix

Subscribe Today!