Press Detail


Numerix Webinar: Microsoft Windows HPC Services for XL combined with Numerix Pricing and Risk Analytics
Providing a speed to market (production) advantage for complex derivative and insurance products

NEW YORK, NY, September 3, 2010 –

What happens when you combine the leading independent analytics provider for derivatives and structured products with the value of an integrated HPC solution? You get the most powerful, highly scalable solution for the pricing, valuation and risk management of today’s most complex derivatives portfolios. As financial institutions, trading desks, portfolio and risk managers face the challenging journey towards cross-asset real-time pricing, trading and risk management across asset classes, the need for high-performance computing (HPC) has never been greater.

Join Numerix and Microsoft for this informative webinar to learn how banks and insurance companies are leveraging Excel to bring new policies and derivative types to market in a high performance production environment.  The webinar will offer an overview of how this is done, and provide a demonstration of the solution. 

The integration of the Numerix solution with Windows HPC Services for Excel provides clients with the high-performance capabilities needed to manage the following enterprise-wide processes. Learn how you can benefit from:

  • Getting the computational power  you need to compete in today’s markets
  • Faster revaluation of portfolios and analysis of more complex scenarios in shorter periods of time
  • Increased processing power to carry out more vigorous hedging and pre-trade analysis
  • Accelerated real-time calculations with grid computing capabilities and other methods
  • Running multiple instances of Excel spreadsheets on the HPC Cluster
  • Running and distributing Excel based computations for an entire portfolio
  • Running computations well within the allotted processing window
  • Economic (cost) advantages resulting in less overhead expenses and lower levels of maintenance for fewer computers.
  • High performance capabilities & gridding for speed
  • Scalability for even the largest jobs

Speakers:        

  • Don Canning, WW Managing Director – Insurance Industry for Microsoft;
  •  Ted Pendleton, VP, Business Development, Numerix - Moderator

DATE:September 16, 2010

TIME: 8.45 AM (ET) and 7:45 AM (CT)

Where to register:  To receive dial-in instructions, please register at:
http://www.numerix.com/Event-Details/r/EVENTS-613

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 50 partners across more than 25 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, London, Tokyo, Hong Kong, Singapore, Dubai and South Korea, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines.  For more information, please visit www.numerix.com.

Media Contact:
Todd Swearingen
Numerix
+1 646-898-1294
tswearin@numerix.com

 

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