Numerix Voted Stand Out Technology Leader in SRP’s Asia Awards as voted by the Global Structured Products Community
New York, NY – October 4, 2016
Renowned as the only 100% independent structured products accolades for the industry, this year the Structured Retail Products Asia Awards survey attracted more than 700 votes from senior representatives both from buy- and sell-side across the region. The Awards were handed out on September 19, 2016 during the 3rd Annual Asia Pacific Structured Products & Derivatives Conference in Hong Kong. Erdem Ozgul and Aksel Kitowski (captioned) were on hand to accept the award.
Determined by the total number of votes received, Numerix was named Best Technology Provider for the Asia market. Criteria was based on technology innovation, infrastructure, trade execution and user interface. The SRP Asia Awards Survey Report which lists those shortlisted as well as all the winners of this year's awards can be found here.
Why We Won: Numerix Oneview
Over the past year Numerix has continued to work with key clients throughout the region as they are finding new successes in leveraging Oneview Distribution, Numerix’s solution for RFQ automation and order execution.
Numerix Oneview Distribution brings together product issuers (sell-side) and investors (buy-side) to quickly, efficiently and compliantly trade in a digital marketplace.
Oneview Distribution helps Private Banks automate price discovery, product idea generation and order execution, ensuring clients receive outstanding service while bank relationship managers and traders maximize their efficiency and productivity. While enabling rapid product design and time-to-market for new products, it also facilitates pre-trade client suitability and post-trade straight-through-processing, thanks to its open architecture.
“Numerix Distribution was therefore conceived and designed to address such needs for both sides of the marketplace, and to provide a central platform where trading of derivative products can take place conveniently with reduced turnaround time and overhead costs,” said Erdem Ozgul, SVP of APAC Sales.
Steve O’Hanlon, CEO of Numerix continues: “It’s well-known across the industry that price discovery and the order placement process for structured products is complex, manual, error-prone, and time consuming for both sell- and buy-side institutions. Also, processes and workflows can be quite different at each institution. Oneview Distribution enhances the offering and distribution of structured investment products: a seamless front-to-back system to enable partners to focus on their clients. Overall, Oneview Distribution will enable efficient trading between product issuers and investors, automating price discovery and order execution while increasing competitiveness and trading volumes.”
“The SRP Asia Awards Survey is the most extensive in the region, attracting almost 700 respondents,” said Richard Jory, Global Head of Content at SRP. “The Technology Provider award recognises the companies that are the most innovative and provide the best service for structured products. We are pleased to confirm that Numerix was the overall winner of the technology award, based on votes for its innovation, infrastructure, trade execution and user interface.”
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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, Los Angeles, Mexico City, Miami, Vancouver, London, Paris, Milan, Helsinki, 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.
PR Contact:
Emily Jean-Pierre
Vice President of Public Relations
P: +1 646 898 1294
M: +1 646 373 9654
ejeanpierre@numerix.com
