overview
The CrossAsset SDK (Python, C#, C++, or Java) empowers users to easily integrate Numerix’s industry-standard pricing and risk analytics library into any proprietary or third-party systems – from trading through risk management, enabling users to achieve analytic consistency across the firm.
Designed for Continually Evolving Capital Markets
Numerix CrossAsset SDK was designed with flexibility, agility and innovation in mind. Easily integrate Numerix’s, comprehensive derivatives pricing and risk management analytics library into the core of your system and seamlessly generate valuations, Greeks, cashflows and scenarios with ease. It also has a low-level interface that allows users to completely customize bespoke applications at the most granular level.
With Numerix CrossAsset SDK, users can also quickly deploy their solution to on-perm servers or cloud computing platforms with ease. This allows large, complex portfolio-level calculations for valuations and risk to be scaled seamlessly using cloud computing resources.
capabilities
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Leverages Models in Existing Systems
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Leverage Numerix market-tested pricing and risk analytics library 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 exotic derivatives and structured products.
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Enables Consistent Valuation Platform
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Facilitates consistent pricing and 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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| No Recompiling |
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The CrossAsset Integration Layer API allows new trades to be added into programs and systems built with the CrossAsset SDK without the need for recompiling the code. |
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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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| Supported By Numerix Experts |
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Our developers and financial engineers can work with your team to provide further customization, including bespoke instruments, valuation methods and custom reporting features. |
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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 AWS.
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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.
- Leverages the Strength of the Python Ecosystem
CrossAsset SDK uses Python as its scripting language for describing the mechanics of a deal or structure giving users access to the vast Python ecosystem. This results in a simpler development process and better performance.
- 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.
The CrossAsset SDK paves the way for a true "single-source of truth" system for structuring, pricing, and risk management of derivatives and structured products – including hard to price exotic derivatives.
- 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.
- Well-Define Mechanism for Creating New Templates
Users can easily create their own templates – interfaces that encapsulates the instructions required parameters to make specific pricing and risk calculations – using Python and add them to an existing application that uses CrossAsset Integration Layer
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
