Banking & Brokerage
Numerix offers highly flexible software solutions for structuring, pricing and managing risk for derivatives and structured products — from plain vanillas to exotics, across all major asset classes. Built on the most comprehensive library of market-standard models and methods, Numerix analytics help global issuing banks bring new deals to market.
Trading desks use Numerix solutions to quickly analyze, execute and monitor custom trading and hedging strategies based on any type of deal. Our clients benefit from accurate valuations for even the most exotic or illiquid deals—in addition to consistent and auditable pricing policies and risk controls throughout the enterprise.
“Our global alliance with Numerix brings a range of valuation capabilities and depth of knowledge to help our clients exercise greater control over valuation of [derivatives], while meeting the standard for transparency demanded by sophisticated investors.”
— Peter Cherecwhich
COO Corporate & Institutional Services
Northern Trust
What Does Numerix Do?
- Price discovery and valuation for any OTC derivative, from vanillas to the most exotic
- All Greeks, even for structured notes
- Cashflows
- Scenario analysis, including the ability to shift multiple market factors simultaneously
- VaR (Historical, Stressed, Monte Carlo)
- Potential future exposure (PFE)
- Credit valuation adjustments (CVA)
- Economic scenario generation (ESG)
Numerix Capabilities
- Complete cross-asset class coverage, including fixed income, credit, equities, FX, commodities and inflation
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Unique hybrid model framework, enabling accurate risk measurement for structured products and multi-asset-class portfolios
- Rapidly structure and price new deals, reducing time-to-market
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Access a wide range of market-tested models and methods, plus the ability to integrate your proprietary models
- Comprehensive pre- and post-trade risk analysis, including Greeks, scenarios and stress testing
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Intra-day/overnight Monte Carlo VaR for an entire OTC portfolio using the ultra-fast Numerix "One-Step" approach
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Proactively manage counterparty risk
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Interoperability with major trading and risk systems and data providers, enabling "analytic" STP for exotics
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Independent portfolio valuation services from experienced Numerix financial engineers
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Price and profile complex structured credit products with the highest level of accuracy and transparency
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Deploy Numerix scalable solutions at a single desktop, or as an enterprise-wide solution
- Maintain consistent pricing policies throughout the enterprise
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Designed for parallel computing, including pre-integrated capabilities with Windows HPC Server 2008
Pricing Policies with Consistent Analytics
With Numerix, institutions can adapt to today’s increased demand for accountability and transparency by deploying consistent pricing policies throughout the enterprise.
Users can access Numerix analytics through a wide variety of front- to back-office systems and have the ability to communicate deals electronically via Numerix XML. This ensures that the deal is represented and priced the same way at every point in the process — improving workflow efficiency, reducing operational and model risk, and defining consistent valuation methodologies.