Numerix XVA Counterparty Credit Risk Platform Wins Risk Award

Numerix (, the leading provider of cross-asset analytics for derivatives valuations and risk management, has won the award for “Best Credit Risk Solution Provider” in the Waters Rankings 2015

“Today’s financial institutions require real-time results for fast trading and risk decision-making. This has forced us to think about credit risk management differently,” said Steven R. O’Hanlon, Chief Executive Officer & President of Numerix. “Our focus is not on building standalone products, but dynamic solutions that combine real-time performance and a robust IT infrastructure for risk and pre-trade pricing. This requires modeling consistency across the enterprise and a scalable architecture thus making advanced analytics more accessible to key decision makers from the desk to the C-suite.”

“Numerix has once again shown itself to be the premier provider in the credit risk space by topping this year’s poll in the best credit solution provider category in the annual Waters Rankings. Its win this year, however, should come as no surprise: Numerix has, over the past five years, consistently beaten all comers in both the Buy-Side Technology and Sell-Side Technology Awards, and this year’s Waters Rankings win, determined by the publication’s readers, is down to its outstanding Numerix XVA counterparty credit risk platform.”

Underpinned by the broadest library of models in the industry, Numerix CrossAsset Suite provides a single analytics platform that can be scaled to meet a financial institutions most complex derivatives trading, pricing and risk management needs. As an in-memory, gridded server platform both sell-side and buy-side firms can compute pre-trade pricing, Mark-to-Market (MtM), Greeks, sensitivities, cash-flows, and both market risk and counterparty risk (CVA, DVA, PFE, FVA) for all enterprise requirements—from front office to compliance and regulatory reporting. Risk numbers can be re-aggregated on the fly, without re-running calculations.

“Going forward pre-trade XVA and real-time incremental "what if" analysis for XVA will be central to our Numerix XVA offering. Presented via an onscreen dashboard, managers can drill down into the underlying information through the instant analysis, aggregation and visualization of large volumes of complex and dynamic data. Users can compare results over various time periods, make what-if inquires and achieve a timely, more accurate view of risk enterprise-wide,” Mr. O’Hanlon continues.

Steven R. O’Hanlon, Chief Executive Officer & President accepted the award on behalf of Numerix at a luncheon reception held at the Metropolitan Club in Manhattan on July 16.


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

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