overview
From trading desk to enterprise risk management—Numerix easily integrates into proprietary or third-party systems via the Numerix CrossAsset Integration Layer and SDK in Python, C#, C++, or Java.
The CrossAsset SDK includes the CrossAsset Integration Layer, which is a data-driven interface (API) that empowers users and partners to non-programmatically extend CrossAsset with custom interfaces, new models and business logic.
Numerix Model API offers an application program interface that enables the integration of proprietary models into Numerix analytics—creating unified system coverage for all instruments and paving the way toward standardization across the enterprise. Once integrated, the new models flow seamlessly up through all Numerix solutions, alongside Numerix models.
Moreover, our system developers and financial engineers can work with your team to provide further customization, including bespoke instruments, valuation methods and custom reporting features.
capabilities
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Leverages Models in Existing Systems
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Leverage Numerix market-tested models and methods in existing systems across the full trading and risk lifecycle.
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Extends Production Platforms
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Easily extend production platforms’ deal coverage across asset classes, including exotics and structured products.
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Integrates Proprietary Models
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Numerix Model API enables users to pull proprietary models into the analytics stack, creating a path to standardization.
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Enables Consistent Valuation Platform
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Facilitates consistent valuation methods across the entire enterprise.
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Advanced Risk Analysis and Reporting
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Supports a more holistic approach to risk, enabling advanced risk analysis and reporting.
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Enhanced Integration
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Users can integrate a wide range of custom applications, such as visualization and master data management tools.
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Scalability
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Enables complex calculations for valuations and risk to be scaled using cloud computing resources such as Microsoft Windows Azure.
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Benefits & Features
- Empowers Users and Partners to Non-programmatically Extend Numerix CrossAsset
The Numerix CrossAsset Integration Layer provides a data-driven interface that empowers users and partners to non-programmatically extend CrossAsset with custom interfaces, new models and business logic.
- Enables a Path to Standardization Across the Enterprise
Pre-defined templates of validated financial instrument definitions, models and curves or custom templates can be easily and independently defined via the Integration Layer, extending deal coverage across asset classes.
- Improves Control Over Model Risk Management
Through the rapid integration of new financial instrument types and models, and the reuse of definitions across various technology platforms, Numerix CrossAsset Integration Layer enables improved control over model risk management and supports product control functions by allowing only authorized individuals to edit and publish new financial instrument types and models.
By using our Model API to bring in your proprietary "in-house" models, the CrossAsset SDK paves the way for a true "single-source of truth" system for structuring, pricing, risk management—and even the testing and validation of your models.
- Mitigates Model Risk with Instant Model Validation
As traders and quants develop and price new instrument types, they can compare results from proprietary models alongside the market-standard models provided by Numerix, reducing time-to-market for new instrument types and satisfying internal risk controls and regulatory requirements.
Additional Resources
Numerix Models and Instruments Library: Access Models for All Major Assets Classes,...
Numerix CrossAsset Fact Sheet
CrossAsset XL: Rapidly Structure, Price and Manage Risk for Any Derivative
