September Newsletter 2023
Monthly thought leadership newsletter by Numerix. In this Issue | New Podcast Series, Free Trial of FAS, Register for Live Webinar
Introducing the Numerix Podcast: Navigating Trends in the Capital Markets
We’re pleased to announce the launch of a brand-new podcast series, Trading Tomorrow: Navigating Trends in the Capital Markets, a place where insights, innovation, and expertise in the Capital Markets converge.
Assessing the Rise in Popularity of Zero Day Options
Numerix participated in a webinar with Risk.net to explore zero-day options. A panel of experts, including Russell Goyder, Fixed Income Product Development at Numerix, shared their views on how and if firms should be using 0DTE options in their portfolios.
August Newsletter 2023
Monthly thought leadership newsletter by Numerix. In this Issue | Three Big FRTB Issues, Optimizing Cloud for Risk Management, New Numerix Acquisition
Empowering Women in Finance with a $20,000 Scholarship Award
The Numerix Women in Finance Scholarship is focused on helping talented women pursue graduate studies and embark on careers in finance. A US$20,000 award is given to one woman annually to apply towards her advanced finance degree.
Investigating Banks’ Slow but Steady Path to Cloud Adoption
While once firms had concerns over the security of the cloud, now it is regarded as highly secure with clear advantages over on-premise systems. But with all the known benefits, banks continue to be slow to cloud adoption. What are the reasons and what does the path forward look like for banks and cloud migration? We discuss in our blog.
3 Ways to Optimize Risk Management in Unpredictable Markets
How can capital markets firms remain competitive in the face of soaring inflation, geopolitical tensions and climbing interest rates? We share three proven ways you can improve your risk management function in order to prepare for the inevitable uncertainty that lies ahead.
As Action Time Nears, Be Aware of These 3 Big FRTB Issues
This white paper reviews three of the core issues and challenges that demonstrate some of the ways FRTB will impact the capital markets.
Cloud Control: Optimising Cloud for Risk Management Gains
In May 2023, Risk.net hosted this exclusive session with Executive Director of Numerix, Obaid Dehlavi, which covers expert insight on the challenges of working in the cloud, lift and shift, managing scale and more.
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Analyzing the Transformation of the Role of the Chief Risk Officer
Increasing global risks, economic uncertainty, and the evolving financial industry are having an unprecedented impact on risk managers’ function, skillset, and expertise. In this blog we provide an analysis of how the role of the Chief Risk Officer (CRO) is changing.
Numerix Journal Vol. 8 No. 1 (QA: Journal Issue)
The Vol 8. No. 1 issue of the Numerix Journal presents some of Numerix's recent quantitative research and development achievements.
Zero-day options: ticking time bombs or high alpha trades?
In June 2023, Risk.net gathered a panel of experts to provide their perspectives on 0TDE options.
July Newsletter 2023
Monthly thought leadership newsletter by Numerix. In this Issue | The Changing Role of the CRO, Using Chat GPT to Build a Risk Application, and More
Exploring 3 Hot Topics in Energy and Commodity Trading
In this blog, we will explore topics in energy trading and risk management as discussed at E-world, Europe's leading energy trade fair.
A Step-by-step Guide to Using ChatGPT to Build a Simple Risk Application
Can ChatGPT be leveraged by capital markets firms, and if so, how? Join James Gavin of Numerix as he walks through a practical example of using ChatGPT to calculate Value-at-Risk (VaR) on a swap portfolio and building a lightweight VaR application.
For the Capital Markets, Every Risk Playbook Needs to Implement These 6 Themes
This white paper outlines 6 risk management themes that we think should be a part of any risk playbook and which can serve financial institutions well in preparation for the uncertain future that lies ahead.
June Newsletter 2023
Monthly thought leadership newsletter by Numerix. In this Issue | Top Themes for Any Risk Playbook, the Future Direction of Capital Markets Technology
Future Directions for Capital Markets Technology in the Digital/AI Revolution
This webinar is part of Numerix's ongoing “Derivative Insider” series. In this installment, Neil Chinai, Operating Partner at Sand Hill East, joins Numerix’s CMO James Jockle to discuss his outlook on promising new capital markets technologies.
A Few Insights into Crypto Risk
In this article, Numerix’s Satyam Kancharla, makes a number of key points about risks in the crypto market.
The State of XVA Usage in Latin America – A 2022 Update
This is an update to a paper we published in August of 2020 on the state of XVA usage in Latin America, which included observations on implementation trends among different countries, types of valuation adjustments used, and the challenges and obstacles to XVA adoption in the region.
Decrypting Crypto: Explaining the Market and Understanding the Requirements for Successful Institutional Participation
This white paper takes an institutional perspective in examining the multiple dynamics of the cryptocurrency sector
Where are you in your SEC Rule 18f-4 implementation?
Attention all ETF and Fund companies. The SEC is adopting a modern regulatory framework for derivatives use which has a compliance deadline of August 19, 2022.
Archegos Collapse Raises Red Flags About Risk Management Systems—and Underscores Need for Investment in Technology
In this article, the Numerix Risk Team reveals how the Archegos debacle exposed cracks in banks’ risk systems.
The XVA Challenges Energy Traders Face in a Complicated and Volatile Market
Learn about some of the challenges energy traders face when seeking to apply XVAs to their derivatives transactions.
Innovation Through Fintech Partnership: Numerix + CubeLogic
Discover how the accelerating pace of technology innovation Is spawning breakthroughs in capital markets solutions.
New QuantTech Platforms Paving Way for More Effective Trading Operations
QuantTech is comprised of comprehensive development platforms, rich data management capabilities and streaming real-time analytics for creating, testing and deploying innovative ideas.
Digitalization and New Tech Bring Opportunity and Changing Approaches to Derivatives Markets
In this article Numerix technologist, Linus Yu, joins Heads of Collateral and Liquidity Management, Treasury and Market Risk at some of the world’s leading banks to discuss where they see the path forward for building a more impactful future-state infrastructure for a derivatives business.
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Aite-Novarica Report
In new research report Audrey Blater of the Aite-Novarica Group shares key findings from her one-on-one interviews with key stakeholders across the financial services sector to uncover what’s driving cloud migration decisions for trading and risk management functions.
The report analyzes the factors influencing banks when it comes to deciding whether or not to migrate to the cloud and discusses what is needed to bring a pro-cloud shift into the decision-making process. The report also provides views on why on-premise legacy systems may or may not be preferred.
Numerix Journal Vol. 7 No. 1
The Vol 7. No. 1 Issue of the Numerix Journal represents some of Numerix's quantitative research and development achievements lately. Many of these achievements have been implemented as functionalities in our products. With the ongoing R&D effort at Numerix, this collection of papers showcases the quality of the research on various topics of interest in the field. Readers get an update on the latest progress in the theoretical research and product enhancements at Numerix.
New Technology Is Redefining the Success of the Front Office
Numerix Chief Product Officer, Satyam Kancharla, discusses how firms are rethinking trading infrastructures
Risk.net: Next-generation technologies and the future of trading
Panel of industry experts share their insights and observations regarding emerging technologies in trading
Real-Time Risk Management in Practice: The Experts’ Views
This whitepaper provides an overview of some of the key topics discussed by a group of market experts during a roundtable webinar hosted by CubeLogic in partnership with Numerix and PRMIA. Various applications of risk management in real time were examined, including, among others.
LIBOR Risk Q2 2021
As the deadline to Libor cessation approaches, Liang Wu, executive director of financial engineering and head of cross asset product management at Numerix, presents a series of market themes that warrant closer inspection.
The New Rules of Market Risk Management
This paper highlights several of the key viewpoints expressed by the panel and explores some the current dynamics that are impacting approaches to and the complexities of market risk management.
The Art of Effective Market Risk Management During a Period of Transformation
White paper | The Art of Effective Market Risk Management During a Period of Transformation
Examining What's Next for LIBOR: Top Themes Dominating the Transition in 2021
In this new whitepaper, Numerix LIBOR transition expert Liang Wu provides his views and insights on the key themes that deserve examination.
Numerix and CubeLogic | Risk Management Post COVID-19: Lessons Learned So Far
This event provided an overview on how Risk Management has changed in the context of the COVID-19 pandemic.
The LIBOR Transition: A Risk Management Stress Event
Why should the LIBOR transition be viewed as a major risk management stress event.
Preparándonos para un mundo sin la tasa Libor
Augusto Carvalho, Director Regional de Preventas de Numerix e Igor González, Director de Operaciones de PiP, brindan una actualización profunda del mercado y progreso de esta transición.
Transitioning LIBOR in the Context of COVID-19
As the October 2020 date rapidly approaches for LCH and CME to shift from using OIS to SOFR for discounting of US dollar interest rate derivatives, this panel provides a market update and progress on the LIBOR transition focusing on derivatives market participants.
The Benefits of Python with Numerix CrossAsset: Migrating Excel Use Cases to Python
In this webinar, Brian Boucher, VP Product Management at Numerix, details the advantages of using Python over Excel and explains how Python can help give you an edge in today's markets.
Structured Products: Transforming Risk into Opportunities
This webinar examines the most recent period of extreme volatility the global markets have experienced, in response to acute concerns over the economic impact of Covid-19. Find out what this means for traders, issuers, risk managers and investors as the structured products market reshapes to fit the changing market environment.
The LIBOR Transition: Impact of SOFR Switch on Swaptions
In this webinar Ping Sun, SVP of Financial Engineering at Numerix, will examine the impact of the Fed Funds/SOFR switch on value transfers for swaptions and explore what this could mean for swaption pricing going forward.
The LIBOR Transition: Fallback Curve Analysis
Learn about the latest developments from ISDA’s IBOR fallback consultation and how you can use Numerix CrossAsset to conduct P&L impact analyses on LIBOR fallback curves.
Risk.net | LIBOR Countdown: Spotlight on Derivatives
This webinar examined the pros and cons of swaps fallback language, the case for pre-cessation triggers, as well as preparing for SOFR/ESTR discounting.
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LIBOR Transition in 2020: Discussion with Numerix & Greenwich Associates
As the industry moves closer to LIBOR’s planned 2021 transition, in this video roundtable discussion Ping Sun, SVP of the LIBOR Transition for Numerix and Kevin McPartland, MD for Greenwich Associates discuss their top LIBOR transition concerns going into 2020.
Applying AI to Streamline the LIBOR Transition
Learn how Numerix and Python can be used to perform impact analysis on the switch from OIS to SOFR discounting, including the expected cash compensation and risk exchanges from major clearing houses in October 2020.
Greenwich Associates Webinar: Trading, Technology and the Libor Transition
An interactive discussion on the impacts of the Libor transition on the technology and processes that power the trading desk.
Impact Analysis: The 2020 Clearing House Switch from OIS to SOFR Discounting
Learn how Numerix and Python can be used to perform impact analysis on the switch from OIS to SOFR discounting, including the expected cash compensation and risk exchanges from major clearing houses in October 2020.
Preparing for the Switch to SOFR Discounting
Ping Sun, SVP of Financial Engineering for Numerix explores the many facets of discounting risk as exchanges switch from OIS to SOFR discounting.
Advances in Tenor Basis Modeling: Boundedness, Specification & Calibration
In this webinar, Andrew McClelland Ph.D., introduces a lower-bounded multi-curve Cheyette model, with lower bounds owing to level dependence in spread volatilities and derives swaption pricing formulae and other quantities relevant for practical use.
How to Prepare for the Next Phases of Initial Margin Requirements
This webinar explores what’s changed under the newest revisions, what’s expected ahead of final phases and took a deep dive into key lessons learned from the prior phases.
Evolving XVAs: How to Manage Changing Regulation and Competitive Pricing
This webinar looked at the XVA landscape, the changing regulatory environment and assessed the challenges of staying competitive and mitigating risks. We also discussed how the cloud and analytics are able to bring new life to managing XVAs.
Using Numerix & Python to Construct Alternative Reference Rate Curves
Learn about building SOFR curves using Numerix CrossAsset and Jupyter Notebooks with Python