Mazars’ Advisory Services Clients leverage Numerix Analytics for Model Validation, Price Verification and EMIR Compliance

New York, NY – October 27, 2015 – Today Numerix announces that Mazars, an international, integrated and independent organization, specializing in audit, accountancy, tax, legal and advisory services has selected Numerix CrossAsset analytics to be used within Mazars Actuariat by the Quantitative and Actuarial teams for derivatives pricing, modeling and insurance actuarial work.

Selected for its comprehensive library of market-tested pricing and risk models and extensive instrument coverage, Numerix CrossAsset provides unparalleled flexibility for structuring, pricing and managing any instrument type including complex derivatives and structured products. Specifically, Mazars is utilizing Numerix analytics in the context of pricing model validation and valuation adjustments. Additionally, Mazars will use Numerix for the independent valuation of financial instrument for several markets (FX, Interest Rates, Inflation, Equity as well as Commodities).

“As the recognized leader, and industry standard for cross-asset derivatives pricing and risk management, Numerix analytics enable our quant teams to better support clients in assessing and managing their financial risks,” said Nordine Choukar, Partner, Global Head of Financial Quantitative Services within Mazars. “In deepening the sophisticated tools and models needed to comply with financial regulations and more accurately calculate risk we’re able to provide high added-value advisory services.”

The European Market Infrastructure Regulation (EMIR) has also increased pressure on many market participants to improve transparency and reduce the risks associated with the derivatives market. Corporates, buy-side institutions and banks need to better assess and understand all pricing dynamics, and have increased transparency into market drivers and underlying risks. With Numerix’s highly flexible, fully transparent analytics architecture, Mazars is able to provide clients with the most accurate strategy and management recommendations.

“Mazars is a highly reputable practice, well-known for its focus on technical excellence and quality of service,” said Steven R. O’Hanlon, Chief Executive Officer & President of Numerix. “With Numerix, clients of Mazars’ advisory services not only benefit from a significant competitive advantage in terms of accuracy and transparency of pricing analytics, but are empowered with actionable decision making information. We’re proud to include Mazars amongst some of the world’s most reputable technology and financial services utilizing our world-class analytics.”

About Numerix
Numerix is the award winning, leading independent analytics institution providing cross-asset solutions for structuring, pre-trade price discovery, trade capture, valuation and portfolio management of derivatives and structured products. Since its inception in 1996, over 700 clients and 90 partners across more than 26 countries have come to rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments. With offices in New York, Boston, Chicago, San Francisco, Sao Paulo, Vancouver, London, Paris, Milan, Stockholm, Frankfurt, Dubai, Beijing, Mumbai, Hong Kong, Seoul, Singapore, Sydney, Tokyo and Taipei, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information please visit www.numerix.com.

About Mazars
Mazars is an international, integrated and independent organization, specializing in audit, accountancy, tax, legal and advisory services. As of January 1st 2015, Mazars and its correspondents operate throughout 92 countries. 73 of these countries are part of Mazars’ integrated partnership and 19 are Mazars correspondents. They draw on the expertise of over 14,000 professionals to assist major international groups, SMEs, private investors and public bodies at every stage of their development. The Praxity Alliance offers Mazars operating capacity via professional teams in 18 additional countries.

www.mazars.com - www.linkedin.com/company/mazars - https://twitter.com/mazarsgroup

Emily Ahearn
Director of Public Relations
Numerix
Phone 646 898 1294
Mobile 646 373 9654
Email: eahearn@numerix.com

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