Banque Internationale à Luxembourg (BIL), a pioneer in the Luxembourg financial industry, selected the Numerix CrossAsset analytics platform to support its model validation and model comparison processes.

“One of the objectives of our activity is validating the accuracy and the completeness of the models used in particular for pricing financial products. Numerix will be very helpful in achieving this objective and will allow us to improve our reactivity and efficiency,” said Cecile Lapointe, Head of Model Validation at BIL.