Numerix secured the top position in the horizontal solutions category for “OTC” Pricing and Analytics and was ranked 14th overall in the RiskTech survey
New York, December 1, 2009 – Numerix, (www.numerix.com) the leading independent provider of cross-asset analytics for the structuring, valuation and risk analysis of derivatives and structured products, today announced the company’s winning category position in the Chartis RiskTech 100 report, an annual study ranking the top technology companies in the risk management industry based on a combination of functionality, core technology, organizational strength, customer satisfaction, market presence and innovation.
Numerix secured the top position in the horizontal solutions category for “OTC” Pricing and Analytics and was ranked 14th overall in the RiskTech survey. Numerix first entered in to the survey in 2006 and was ranked in the 46th position.
Numerix scored extremely well in several individual category rankings. The company ranked 2nd overall in customer satisfaction and 2nd overall in innovation. Customer service rankings are based on a combination of value-for-money, after-sales service and support, and frequency and quality of product updates. Innovation rankings take into account new product development, exploitation and new business models.
“Our RiskTech category win is further evidence of our commitment to excellence and our drive to provide industry-standard pricing and analytics to all market players in the form they need it, whether built into a proprietary system, as a Microsoft Excel Add-in, Portfolio or through our extensive partner network of the world’s largest trading and risk systems,” said Steven R. O’Hanlon, President and COO of Numerix. “Equally as important, customer service and innovation are solid cornerstones of our corporate structure. It is satisfying to see our hard work and dedication also being brought out and recognized in the survey.”
The Numerix RiskTech 100 category win is a follow up to Numerix being named Technology Company of the Year in Asia for the second straight year in May of 2009 and also Technology Company of year in the America’s for the third straight year by Structured Products Magazine. The RiskTech 100 win follows the May 2009 Celent Report which identified Numerix as the leader among its peers- providing advanced technology and functionality for pricing derivatives products, breath of cross asset coverage and depth of client services.
For more information or to download the full RiskTech 100 report for free, visit www.chartis-research.com.
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, more than 375 financial institutions and 45 strategic partners across 25 countries rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments. With offices in New York, London, Tokyo, Hong Kong, Singapore and Dubai, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information, please visit www.numerix.com.