Press Release

Numerix Wins Three Technology Awards in Under Two Months

Numerix, a leader in capital markets risk management technology, won three industry-leading technology awards in April and May. First, Numerix took home the title of "Best Data Management Solution at the FTF News Technology Innovation Awards Winners for Numerix Data Management (NxDM). Second, Numerix won "Best Risk Solution" at the Asian Private Banker's 8th Technology Awards 2022. Lastly, Numerix was honored as the "Best Sell-Side Market Risk Product" at the WatersTechnology Sell-Side Technology Awards 2023

"These three awards represent Numerix's hard work and continued commitment to providing innovative solutions to help our clients navigate the complex world of risk management," Jim Jockle, CMO of Numerix.

The FTF News Technology Innovation Awards 2023 is presented by Financial Technologies Forum and FTF News. They honor companies with post-trade processing solutions that have made significant strides and noteworthy achievements in operational excellence. Winners were picked by industry peers, clients, and other relevant industry professionals during an online voting process that took place for just over a month. Last year, Numerix Oneview won "Best Cloud Adapted Solution Provider" at the FTF awards.

The Asian Private Banker Technology Awards celebrates the innovations and achievements of Asia's rapidly growing financial technology sector. The award is judged by the publication's editorial staff members who, according to the guidelines, seek "a solution that could generate detailed, timely risk management insights that help banks to make due diligence/client suitability decisions." Numerix also won "Best Risk Management Solution" during the brand's 2021 and 2020 awards.  

The 2023 Sell-Side Technology Awards is a prestigious annual event recognizing the leading technology providers and third-party vendors focusing on the sell-side industry. 

WatersTechnology, a leading financial technology publication, organizes the award. Numerix beat eleven other companies to take home the "Best Sell-Side Market Risk Product."

WatersTechnology credits the win primarily due to Numerix's Oneveiw Market Risk offering and the company's focus on transparency into how and why risk numbers were extrapolated. In addition, during the 2022 Sell-Side Technology Awards, Numerix won in the "Best Buy-Side Risk Management" product category.

"This win is a validation of Numerix's vision to become the leading cloud-first, front-to-risk solution, empowering our clients to improve their ability to manage market risk and reduce costs by leveraging cutting-edge cloud-native technology," explained Satyam Kancharla, the Executive Vice President and Chief Product Officer for Numerix.

Including these three recent wins, the number of awards won by Numerix products and employees since 2006 has surpassed 220.

About Numerix - Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. 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. Numerix recently acquired FINCAD, a leading analytics company in the pricing and risk analytics of financial derivatives and fixed-income products.


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