Chartis RiskTech100® 2020 Names Numerix the Market Leader in Pricing & Analytics and xVA
New York, NY – NOVEMBER 14, 2019
Numerix, the leader in risk technology, today is proud to announce its inclusion in the Chartis RiskTech100® 2020, 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 technology. Numerix took home the individual awards for Pricing & Analytics – OTC Derivatives and xVA, in addition to ranking #12 overall.
Numerix’s impressive showing in this year’s rankings is due in large part to its category leading position in several 2019 RiskTech quadrants, including: Front Office Risk Management Technology, Fixed Income Technology Solutions, Sell Side Enterprise Risk Management and Model Validation Solutions.
“Numerix’s success this year results from our mathematical ingenuity as well as our commitment to technology excellence through a focus on developing radical improvements in managing data, UX and streaming analytics. The growth of our managed services business has also changed the game in terms of how our clients are able to use our applications and consume our analytics in the cloud,” said Steve O’Hanlon, CEO of Numerix. “With such a rigorous research methodology for its assessment, by aligning our strategy with the goals of our customers we were able to stand out from our competitors in this year’s ranking.”
“Numerix’s continued investment in pricing and analytics, allied to extensive work on the underlying data and accurate modeling and structuring of curves, has helped to make it a leader in its field,” said Rob Stubbs, Head of Research at Chartis. “As the market increasingly makes use of partnership strategies, wider adoption of Numerix’s pricing and analytics for derivatives and xVA is reflected in its award wins for both Pricing & Analytics – OTC Derivatives and xVA.”
About Numerix
Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence applications 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: https://www.numerix.com/
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.
www.chartis-research.com
PR Contact:
Emily Jean-Pierre
Vice President of Corporate Communications
P: +1 646 898 1294
ejeanpierre@numerix.com
