Next generation capital markets development platform
NxCore Workspaces is a cutting edge, cloud-native capital markets development platform engineered to streamline and accelerate the development and deployment of quantitative models and financial applications. By integrating Numerix’s award-winning analytics libraries and technologies within an integrated development environment (IDE), NxCore Workspaces fosters innovation, enhances collaboration, and boosts scalability, all while ensuring secure and reliable cloud deployment.
With seamless access to market data, automated testing, batch scaling, and containerization, NxCore Workspaces empowers teams to innovate quickly and scale with ease. As a result, NxCore Workspaces significantly reduces the time-to-market for new financial products, trading strategies, and risk management applications. NxCore Workspaces’ is your key to unlocking innovation and increasing agility in the dynamic world of capital markets.
Key features
Cloud-native IDE specifically designed for quantitative finance
Utilize our cloud-native IDE and debugging tools tailored for quantitative
development, to develop, test and deploy high-performance financial applications. This speed and efficiency can give firms
a competitive edge by enabling them to respond quickly to market changes.
Unmatched derivatives pricing and risk management analytics
Our award-winning derivatives pricing and risk analytics libraries sets the industry standard for precision and efficiency. It features the most comprehensive cross-asset class collection of market-standard models and advanced numerical methods available. Our powerful libraries will enhance both the accuracy and efficiency of your applications, ensuring they achieve the highest level of performance.
Seamlessly integrate market data into your application
NxCore Workspaces’ integration with Numerix’s market data solution, NxDM, simplifies data
management. Seamlessly integrate market data into your application to save time and reduce the risk of errors.
Scalable calculations without IT dependencies
NxCore Workspaces’ powerful cloud-native calculation engine can handle complex computations, making it easier to build sophisticated applications. This can save developers time and effort and ensure accurate results.
Experiment, test, and innovate securely
Secure environment to experiment and innovate with new models and strategies without risking
stability of the production environment.
Scale batch operations without performance bottlenecks
Efficiently scale computations for large datasets and complex portfolios in the cloud without the need for specialized cloud expertise.
Numerix named a leader
In the 2024 Chartis Research RiskTech Quadrant® for Pricing and Valuation Systems, 2024 – Integrated Pricing and Risk Management
Capital markets awards that speak for themselves
Want to see NxCore Workspaces in action?
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FAQs
Q1: What problem does NxCore Workspaces solve that Excel cannot?
Excel is the de facto end-user computing environment in capital markets but fails systematically at scale: performance degrades on large portfolios, there are no native security controls for sensitive pricing data, audit trails are unreliable for regulatory purposes, and collaboration breaks when multiple users edit simultaneously. NxCore Workspaces preserves the flexibility analysts value — building and modifying analytical workflows directly — while adding cloud-native scalability, enterprise security, governance, and collaboration. A new payoff type that requires a professional services project in a traditional system can be built and deployed in Workspaces by a quant with no vendor involvement.
Q2: How does NxCore Workspaces integrate with Oneview and NAS?
NxCore Workspaces is designed as the customization and extension layer across the Numerix product stack. It integrates with NAS for computation, extends Oneview with bespoke screens and workflows without requiring hard-coded development projects, and connects to the full Numerix analytics library via NxDM for market data. Clients who need functionality outside Oneview's standard interface build it in Workspaces and deploy it without a professional services engagement or product roadmap cycle.
Q3: Who uses NxCore Workspaces and for what use cases?
Workspaces is used by quants building and testing new pricing or risk models in a production-connected environment; risk technology teams building internal tools for desks with non-standard workflows; and independent valuation teams at insurance companies and asset managers who need transparent, auditable pricing of complex or illiquid instruments. Primary use cases are independent valuation, insurance analytics, and last-mile application development for clients with custom payoff structures.