INDEPENDENT VALIDATION — CHARTIS RESEARCH
Numerix ranked #1 Overall (81.80) in Chartis Quantitative Analytics50 2026 | Quantifi ranked #11 (72.00)
Numerix holds the #1 overall position in the Chartis Quantitative Analytics50 2026 ranking versus Quantifi at #11. Numerix wins xVA, CVA, MVA, Equity Derivatives, OTC Derivatives Pricing, AI-Driven Asset Pricing, and Innovation in xVA Analytics. Quantifi wins Automation of Quant Code Development and Quant Management Framework — reflecting its data science tooling strengths within the credit space. Fincad Analytics Suite is recognized in the Chartis RiskTech Quadrant for Pricing and Valuation — Interest Rate Derivatives 2024.
How the platforms compare
| DIMENSION | NUMERIX LIBRARIES | COMPETITOR |
|---|---|---|
| Chartis Recognition | Numerix #1 Overall QA50 2026; Fincad: Chartis RiskTech Quadrant — Pricing & Valuation IR Derivatives 2024 | Quantifi #11 (72.00); Wins: Automation of Quant Code Development, Quant Management Framework |
| Asset Class Breadth | CrossAsset: equity, rates, FX, credit, commodity, inflation, crypto — vanilla through exotic. Fincad: vanilla derivatives and full fixed income spectrum | Credit-first: CLOs, CDO tranches, ABS, CDS indices are primary heritage; rates and equity secondary |
| Exotic Instruments | CrossAsset: autocallables, rate-equity hybrids, multi-callable structured notes, CoCo/AT1, bespoke payoffs via payoff scripting — full exotic coverage | Exotic coverage primarily within structured credit; equity hybrids, autocallables, and rates exotics are not primary Quantifi differentiators |
| Excel Integration | Fincad Analytics Suite for Excel: 2,000+ functions, 200+ workbooks, Analytics Finder, Input Assistant — fully maintained | Quantifi Data Science Platform: Python and Jupyter-first; Excel integration not a primary positioning element |
| XVA and Regulatory | CrossAsset: CVA, DVA, FVA, MVA, KVA with AAD; FRTB IMA/SA; SA-CCR — validated at tier-1 banks | XVA coverage: CVA, DVA, FVA, KVA, MVA — implemented primarily at credit-focused buy-side and mid-tier banks |
| Free Trial | Fincad Analytics Suite: 14-day free trial available; CrossAsset: enterprise engagement | No free trial or self-serve access disclosed |
Direct comparison across key dimensions
| DIMENSION | NUMERIX LIBRARIES | COMPETITOR |
|---|---|---|
| Asset Class Breadth | CROSSASSET ADVANTAGE CrossAsset is a true cross-asset library: equity, rates, FX, credit, commodity, inflation, crypto, and structured products from vanilla through the most complex exotics. 250+ models. Chartis Equity Derivatives and OTC Derivatives Pricing category winner 2026. Fincad covers the full vanilla derivatives and fixed income spectrum across all major asset classes. Together they span the full derivatives universe. | CREDIT-FIRST Quantifi's analytical heritage is structured credit: CLOs, CDO tranches, ABS, CDS indices, credit portfolio analytics. Rates and equity derivatives coverage is available but secondary to the credit heritage. Books with meaningful equity hybrid, autocallable, rates exotic, or cross-asset structured product exposure will encounter library limits outside Quantifi's core strength. |
| Exotic Derivatives Coverage | CROSSASSET ADVANTAGE CrossAsset's payoff scripting language enables any new deal type to be described and priced — dramatically reducing time-to-market for new structures. 250+ customizable trade templates. Hybrid model framework for multi-asset products. Purpose-built for structuring desks and quant teams creating novel instruments. | STRUCTURED CREDIT SPECIALIST Quantifi's exotic depth is concentrated in structured credit instruments. Equity exotics, rates exotics, autocallables, hybrid instruments, and bespoke multi-asset payoffs are not primary Quantifi library differentiators — the firm's identity and two decades of development are credit-first. |
| Excel and Vanilla Analytics | FINCAD ADVANTAGE Fincad Analytics Suite for Excel delivers 2,000+ functions and 200+ workbooks for vanilla derivatives and fixed income — interest rate derivatives, FX, bonds, structured notes, post-LIBOR RFR instruments. Analytics Finder and Input Assistant guide users to the right function. 14-day free trial. Designed for treasury, fixed income, and corporate derivative teams. | PYTHON-FIRST PLATFORM Quantifi's Data Science Platform connects Python, Jupyter, and cloud-native tooling directly to the analytics library — strong for quant developer workflows. Excel is not a primary Quantifi delivery channel. For teams whose primary working environment is Excel, Quantifi's library access requires the Python layer. |
| XVA and Regulatory Analytics | CROSSASSET ADVANTAGE CrossAsset XVA implementations — CVA, DVA, FVA, MVA, KVA — with full AAD have been validated at tier-1 banks through multiple regulatory review cycles, FRTB IMA and SA, SA-CCR. Regulatory submissions supported with documented model validation artifacts. Chartis xVA, CVA, MVA, and Innovation in xVA Analytics winner 2026. | CREDIT-CENTRIC XVA Quantifi covers XVA (CVA, DVA, FVA, KVA, MVA) with Monte Carlo simulation, implemented primarily at credit-focused buy-side firms and mid-tier banks. The regulatory scrutiny environment for credit-focused buy-side XVA is different from tier-1 sell-side bank regulatory capital requirements. |
| Institutional Validation | NUMERIX ADVANTAGE Named, referenceable tier-1 bank deployments across both CrossAsset and Fincad on sell-side and buy-side. Chartis #1 overall 2026 with category wins across equity derivatives, OTC derivatives pricing, and XVA. Prospects can call a live reference at a peer institution. | UNVERIFIED SCALE CLAIMS Quantifi claims 5 of the 6 largest global banks and 2 of the 3 largest asset managers — no institutions named publicly, no tier-1 bank reference available for independent verification. For analytics library evaluations where institutional validation is a buying criterion, this distinction matters. |
| Developer Tooling | FULL SDK CrossAsset SDK: Python, Java, C#, C++. FINCAD SDK: Python, C#, Java, and more. Comprehensive documentation. Analytics Finder across both libraries. Single Numerix ecosystem spanning vanilla through exotic. | DATA SCIENCE PLATFORM Quantifi Data Science Platform: Python and Jupyter-native, TensorFlow integration, ANN surrogate models achieving 700x speedup benchmarks (Intel). Strong quant developer tooling within the structured credit domain. Chartis winner for Automation of Quant Code Development 2026. |
When to use CrossAsset and Fincad
|
CROSSASSET Complex, exotic, and structured derivativesCrossAsset is the right choice for quants and structuring teams working with complex exotics, structured products, and hybrid multi-asset instruments — with a payoff scripting language for bespoke deals, 250+ models, and production-grade AAD. Used at tier-1 banks and buy-side firms globally.
FINCAD ANALYTICS SUITE Vanilla derivatives and fixed income — Excel and SDKFincad is the right choice for treasury, fixed income, and derivatives teams who need fast, transparent, validated analytics for vanilla instruments in Excel or Python. 2,000+ functions, 200+ workbooks, maintained Excel add-in, 14-day free trial. Recognized in Chartis RiskTech Quadrant for Pricing and Valuation — IR Derivatives 2024.
COMPLEMENTARY USE Many organizations use bothCrossAsset and Fincad are part of the same Numerix ecosystem. Many organizations run Fincad on vanilla desks and CrossAsset on exotic and structured product desks — consistent model standards, shared infrastructure, and a single analytics vendor relationship spanning the full derivatives product spectrum. |
Frequently asked questions
What is the difference between CrossAsset/Fincad and Quantifi as analytics libraries?
Quantifi is a credit-specialist analytics library — two decades of structured credit model heritage in CLOs, CDO tranches, ABS, and CDS indices. It also covers XVA and offers a strong Data Science Platform for Python-first quant developers. CrossAsset is a full-spectrum cross-asset derivatives library covering equity, rates, FX, credit, commodity, inflation, and structured products from vanilla through the most complex exotics — the same credit territory Quantifi covers, plus the full derivatives universe beyond credit. Fincad covers vanilla derivatives and fixed income across all major asset classes in Excel and multi-language SDK. The Chartis 2026 ranking places Numerix #1 (81.80) versus Quantifi #11 (72.00).
Does CrossAsset cover structured credit instruments like CLOs and ABS?
Yes. CrossAsset covers the full credit spectrum including structured credit instruments, CDS, credit portfolio analytics, and equity-to-credit hybrid instruments. Quantifi's structured credit heritage — CLOs, bespoke CDO tranches, ABS, CDS indices — is deep and earned over two decades. For pure structured credit mandates, Quantifi's library pedigree is well-established. For books that extend into equity derivatives, rates exotics, or any meaningful cross-asset complexity alongside credit, CrossAsset covers the full spectrum where Quantifi's library reaches its limits.
Does Quantifi have an Excel analytics add-in?
Excel is not a primary Quantifi delivery channel. Quantifi's Data Science Platform is Python and Jupyter-first, with strong quant developer tooling. For fixed income and derivatives teams working primarily in Excel, Fincad Analytics Suite provides a fully maintained Excel add-in with 2,000+ functions, 200+ workbooks, Analytics Finder, and Input Assistant — available with a 14-day free trial.
How does CrossAsset handle complex exotics that Quantifi's library may not cover?
CrossAsset includes a payoff scripting language that enables any new deal type to be described and priced — reducing time-to-market for novel structures to days rather than months. 250+ customizable trade templates and a hybrid model framework for multi-asset products. Quantifi's exotic depth is concentrated in structured credit. Autocallables, rate-equity hybrids, FX exotics, and multi-asset structured notes are not primary Quantifi library differentiators. CrossAsset was designed specifically for these instruments.
Can I try CrossAsset or Fincad before committing?
Fincad Analytics Suite offers a 14-day free trial — available directly from numerix.com. CrossAsset is available through an enterprise engagement. Quantifi does not offer a free trial or self-serve access. The Fincad free trial allows teams to evaluate 2,000+ functions against their own vanilla derivatives and fixed income book before committing.
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Quantifi owns the structured credit library argument. CrossAsset and Fincad own every conversation the moment any instrument outside structured credit appears.
Quantifi's credit-first heritage is real. Two decades of structured credit model development, a Chartis #11 ranking reflecting genuine market presence, and strong Data Science Platform tooling for Python-first quant developers are legitimate strengths for the narrow structured credit mandate. The conversation changes the moment the book includes equity derivatives, rates exotics, autocallables, or any meaningful cross-asset complexity. CrossAsset covers the full derivatives spectrum — including credit — with the same institutional validation that Quantifi cannot match outside its home segment. Fincad covers the vanilla fixed income and derivatives space that neither Quantifi nor most credit-specialist libraries address for Excel-native teams. Numerix is ranked #1 by Chartis in 2026; Quantifi at #11.
Quantifi information derived from publicly available product materials, press releases, and analyst sources as of May 2026. CrossAsset and Fincad capabilities sourced from numerix.com. Chartis Quantitative Analytics50 2026 and Chartis RiskTech Quadrant 2024 data from published Chartis Research reports. This page is produced by Numerix for informational purposes.