Numerix Blog

Based on recent background conversations among various experts here at Numerix, we were able to paint an early picture of where the capital markets industry will likely focus its attention heading into 2024, in terms of specific market and business themes. There was much talk around risk, the post-Libor world, trends in technology, and the regulatory environment. This inspired us to take a look back at the some of the top stories we published and produced in 2023—whether in the form of a white paper, a webinar, or a podcast—and determined which of those identify with the hot topics that we believe will continue to be very relevant moving forward.

Here’s our compilation. We hope you find some worth in giving these resources a look and we are committed to continue delivering high-value thought leadership that both informs and maybe even helps you succeed more.

1. For the Capital Markets, Every Risk Playbook Needs to Implement These 6 Themes
   Risk will never disappear and regardless of what form any next crisis takes, we can be sure there will be one. Do you feel confident that the risk management systems and processes your organization has in place today will be sufficient to ensure resiliency into the future?
   
   This white paper outlines 6 risk management themes that we think should be a part of any risk playbook and which can serve financial institutions well in preparation for what may be faced ahead. Access Paper
2. Is Your SOFR Readiness Being Put to the Test? Let’s Talk About Post-Transition Issues and Challenges
   The June 30, 2023 deadline for publishing the five remaining US dollar Libor rates marked a critical milestone in the Libor transition process. This date signified the final stages of the Libor phase out and triggered a future with alternative risk-free rates, such as SOFR for dollar-denominated derivatives and loans. In this Q&A, five Numerix experts discuss the challenges tied to SOFR that are impacting the market. Access Paper
3. If You Work in the Capital Markets, You Need to Track these Four Tech Trends
   Many innovative technologies are gaining traction in the capital markets today, and some of them will prove to be quite disruptive and/or impactful over time. This Numerix podcast provides expert insights on how low code, no code, and blockchain asset tokenization are reshaping the financial industry, and includes a discussion regarding  the vast impact AL/ML has and will have on the capital markets. Listen Now
4. A Step-by-step Guide to Using ChatGPT to Build a Simple Risk Application 
   Does ChatGPT have a place in the capital markets? In this webinar, we unravel the power of ChatGPT in building a simple risk application. Watch as we walk you through a step-by-step example of utilizing this ground-breaking technology for running Value-at-Risk (VaR) calculations. Watch Now
5. As Action Time Nears, Be Aware of These 3 Big FRTB Issues
   The Fundamental Review of the Trading Book (FRTB) represents the beginning of a new era for market risk management, introducing measures intended to enhance the resilience of banks and the stability of the global financial system. Read this white paper to learn about three of the core issues capital markets participants face when dealing with FRTB. Access Paper