case study

Driving Excellence in XVA: MuniFin’s Strategic Integration of Numerix Oneview

Challenge

MuniFin, one of Finland’s premier credit institutions, was tasked with automating and modernizing the valuation process for X-value adjustments (XVA) to align with market practices, enhance valuation precision, and streamline operational efficiency.

Business Objectives
  • Introduce an advanced XVA calculation system
  • Address the growing complexity of derivative valuations
  • Automate valuation workflows and reduce manual efforts
  • Seamlessly integrate the solution with existing systems 
Solution

Numerix Oneview 

MuniFin partnered with Numerix to implement the Oneview platform, leveraging its advanced capabilities to meet their XVA needs. Having been a long-standing partner of Numerix since 2007 for the valuation of structured trades within its front-office system, deepening the relationship to include XVA capabilities was a natural fit. 

Key Features

  • Automation and Scalability: Automated workflows for reducing manual interventions  
  • Comprehensive Analytics: Advanced XVA calculation modules ensuring market-aligned precision
  • Integrated Ecosystem: Seamless integration with MuniFin’s existing solutions
  • Flexible Architecture: Enabled in-house model tailoring and enhancements
     
Numerix helps us stay ahead of changing industry practices and empowers us with both stability and adaptability. The flexibility we now enjoy is indispensable.” 

-Jaakko Juntunen, VP and Head of Risk Management, MuniFin   

Results

The implementation of Numerix OneView resulted in significant enhancements to MuniFin’s risk management operations and introduced greater efficiencies.

  • Operational Efficiency: MuniFin achieved entirely automated valuation workflows, drastically reducing manual efforts.
  • Valuation Accuracy: Precise adjustments and sensitivities were calculated, facilitating compliant and high-quality reporting.
  • Flexibility and Scalability: Numerix Oneview’s architecture enabled MuniFin’s ongoing optimization and alignment with evolving market requirements.
  • Streamlined Workflows: MuniFin now benefits from overnight automated calculations, real-time pricing and scenario analysis, and continuous system enhancements. 
     
"Efficient calculations are critical when dealing with market risk sensitivities or heavy analytical workloads. Numerix excels in this area.” 

-Jaakko Juntunen, VP and Head of Risk Management, MuniFin  

Explore Numerix Solutions 

Discover how Numerix Oneview can help your firm confidently integrate XVAs. Learn More

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