Capital markets institutions are faced with a challenging balancing act: utilizing new technologies for growth, profitability and risk management while also running their business. The reason is the vast and evolving set of technologies available—and needed—today are becoming increasingly difficult to build and maintain, and most of the world’s financial organizations don’t have the technology budgets, resources, time and expertise required to do so.
Rather than struggle to keep pace with new technology, many organizations turn to managed services providers for help. In this white paper, Benjamin Meyvin, SVP of Managed Services for Numerix, defines managed services in the context of derivatives trading operations, the array of solutions and services available, and the key benefits provided, which include, among others:
- Faster implementation than on-premise software
- Prompt access to the latest technology innovations and business-critical applications
- Faster time to market and increased competitiveness
- Operating budget flexibility
- Helps a firm stay focused on strategic, high-value activities
AUTHOR BIOGRAPHY
Mr. Meyvin, as Senior Vice President of Global Managed Services, leads Numerix’s software as a service efforts and is responsible for delivery of the hosted Numerix Oneview product suite to Numerix clients and partners.
Mr. Meyvin joined Numerix in 2000 as a System Architect. He later served as the Head of Professional Services, managing the company’s global implementation and consulting functions, as well as serving as the Global Head of Product Development.
Prior to joining Numerix, Mr. Meyvin was a Senior System Architect at Xerox Corporation, where he designed and developed real-time control systems. He later led a multi-disciplinary team designing, implementing and deploying ValueQuiX™ — a $40M distributed, mission-critical product configuration, pricing and order-submission system for the global Xerox sales force.
Mr. Meyvin earned a master’s degree in computer science from the Rochester Institute of Technology and a BSc in Civil Engineering from the State University of Architecture and Civil Engineering in St. Petersburg, Russia.
