Numerix Victorious across Majority of Pricing Categories, Credit Risk and Market Risk – Cites Single Platform Approach as core to Analytics Strategy and Unwavering Success

New York, NY – April 16, 2015 – Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, announced today that the firm was voted best overall in Structured Products Magazine’s Technology Rankings 2015 taking the No. 1 spot for Credit, FX, Rates and Cross-Asset in the Pricing and Analytics category, as well as being voted the top solution for Credit Risk and Market Risk management. Numerix was also named among the top providers of Credit Valuation Adjustment (CVA), Debit Valuation Adjustment (DVA) and Funding Valuation Adjustment (FVA) calculation. Across Systems Implementation Efficiency and Support, Numerix was once again recognized for providing the best service and back up to its clients.

“Numerix invented the pricing business for structured products and OTC derivatives – pioneering the analytics landscape to define a market. We see this recognition, and the work we’re doing as changing the landscape of how vendors are coming to market,” said Steven R. O’Hanlon, Chief Executive Officer & President of Numerix. “As new regulations continue to come into play – such as elements of capital per Basel III and risk data aggregation compliance for BCBS 239 our analytics continue to be on the forefront of being able to solve the most complex calculation challenges. Year-over-year we continue to innovate, and once again are validated by the end-user for our ability to help them make not only better risk management decisions, but more profitable trading decisions as well.”

Satyam Kancharla, Senior Vice President and Chief Strategy Officer adds: “Our single platform approach for holistic risk management enables Numerix to assess both pricing and risk consistently – with complete flexibly and unprecedented levels of transparency. Building on this foundation, over the past year Numerix once again anticipated where the market was going and delivered a complete XVA solution to the front office for real-time counterparty risk measures and pre-trade decision support. Numerix XVA gives users the ability to calculate, analyze and limit exposure across business units and minimize capital charges for Basel III compliance. We’re proud of this innovation and of how it continues to transform the structured products marketplace.”

Respondents were asked to nominate the firms that provide the best product offerings across different markets, such as market risk, credit risk, pricing and analytics, risk management, and trading systems and analytics, based on the functionality, usability, performance, return on investment and reliability provided by technology vendors.

The full article and complete list of rankings can be found here: Numerix tops Structured Products Technology Rankings 2015

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, San Francisco, Sao Paulo, Vancouver, London, Paris, Milan, Stockholm, 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.

 

Emily Ahearn

Director of Public Relations

Numerix

Phone 646 898 1294

Email: eahearn@numerix.com

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