Press Release
New York, NY

Chartis RiskTech100® 2021 Ranks Numerix #9 and Category Winner for Best OTC Pricing & Analytics and XVA Solutions

Numerix, the leader in risk technology, today is proud to announce its inclusion in the Chartis RiskTech100® 2021, 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 has been ranked #9 overall and won the individual awards for Best Pricing & Analytics – OTC Derivatives Solution and Best XVA Solution.

“Moving up 3 spots from last year is significant in many ways. Despite headwinds from the COVID-19 pandemic, it not only reflects the major enhancements and technology innovations we’ve integrated into our solutions, but confirms the fact that we’ve made the right business decisions and in many cases leap-frogged our competitors,” said Steve O’Hanlon, CEO of Numerix. “I’m exceedingly proud of how Numerix has adapted through the crisis, which reinforced our strengths as company, and the robustness of the Numerix Oneview platform.”

COVID-19 has been a major catalyst of change, forcing firms to re-examine and in some cases completely overhaul their risk capabilities. As a leading vendor in the risk space, we’ve capture significant opportunities to help capital market firms improve their risk management technologies and processes.

“As financial institutions adapt to evolving market dynamics,” said Sid Dash, Research Director at Chartis, “Numerix’s rise into the RiskTech 100 top 10 reflects its ongoing partnerships and expansion, while its strength in xVA and move into Python-focused development are highlighted by its category awards.”

Numerix’s impressive showing in this year’s rankings is due in large part to its innovations across the following areas:

  • Alternative Reference Rate (ARR) curve and instrument analytics and AI driven capabilities for addressing the LIBOR Transition.
  • New platform technology capabilities for users to enter and capitalize on the structured notes business more rapidly.
  • Significant adoption of SaaS and RaaS cloud offerings by Numerix users.
  • Major adoption of Numerix XVA analytics capabilities globally, for regulatory/accounting CVA and front office trading purposes.
  • The roll out of advanced SIMM analytics in compliment to XVAs, market risk, counterparty risk, and regulatory capital analytics to provide firms with a holistic view of their business.
  • FRTB analytics and expanded market risk functionality.
  • Real-time portfolio and risk management tools for the buy side.

To learn more about Numerix solutions for pricing and risk management contact

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:

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.



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