Numerix Ranks 12th Overall on List of World’s leading Risk Technology Companies

New York, NY – November 12, 2018

Numerix, the leader in risk technology, today is proud to announce its inclusion in the Chartis RiskTech100® 2019, the annual ranking of the world’s leading players in risk technology, and globally acknowledged as the most comprehensive independent study of the world’s major players in risk and compliance technology, Numerix took home the individual awards for Front Office Risk Management, Pricing & Valuation and xVA, in addition to ranking #12 overall.

Across the entire spectrum of risk and financial technology providers, including 13 new entrants alongside the industry's established players – Numerix’s impressive showing in this year’s rankings is due in large part to its category leading position in several 2018 RiskTech quadrants, including: Front Office Risk Management Technology, Credit Risk 2.0, Hedge Fund Risk Technology and Risk as a Service for the Buy Side.

“We are incredibly pleased with our 2019 ranking. Year-over-year we showcase our new technology offerings and initiatives, as well as how our existing solutions and services have evolved. Evidenced by our placement on this year’s ranking, it’s clear we’ve made the right choice in adapting our strategies and building new technologies that prioritize openness and flexibility,” said Steve O’Hanlon, CEO of Numerix.

Built on a powerful analytics platform of dynamic microservices, ends users can access modules for xVA, Market Risk, Margin and Regulatory calculations via the Numerix Oneview front-to-risk application – or leverage customized business logic and development tools to build their own Capital Markets apps. Amplified by diverse cloud deployment options, Numerix has solidified its place as a market leader in xVA as well as front office risk.

Central to Numerix’ success over the past year has been its focus on specific technology advancements that align with the digital transformation goals of its customers. Examples of specific initiatives shared with Chartis include work around MVA and SIMM calculations, curve construction capabilities in anticipation of the LIBOR phase out, structured products platform technology and real-time analytics.

“Several trends are shaping the risk technology landscape, from new approaches to credit risk to the freeing up of front office risk,” said Rob Stubbs, Head of Research at Chartis. “Numerix’s positioning and awards in this year’s RiskTech100 reflect its ongoing work to stay abreast of these important developments.”

About Numerix

Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence capabilities for trading and risk management. Committed to out-of-the box thinking, the exploration and adoption of latest technologies, Numerix is dedicated to driving a more open, fintech oriented, digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability. For more about Numerix:

About Chartis Research  
Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech100®, RiskTech Quadrant®, FinTech Quadrant™ and The Risk Enabled Enterprise® are Registered Trade Marks of Infopro Digital Services Limited.

PR Contact:
Emily Jean-Pierre
Vice President of Public Relations
P: +1 646 898 1294
M: +1 646 373 9654

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