New York, NY – May 4, 2018

Numerix, the leader in risk technology, is honored to be recognized as the leading provider of credit valuation adjustment (CVA) calculations, as well as for its ongoing innovation and delivery of advanced XVA capabilities, in the 2018 Sell-Side Technology Awards.

Staying competitive today requires calculating a vast array of complex pricing and risk data and making the information accessible to decision makers when they need it. However, many of the current risk platforms are not sufficiently capable of calculating the full scope of XVA measures with the near real-time performance needed. Industry players have turned to Numerix for support as enhancements to the Oneview platform provide the advanced XVA capabilities the market needs, particularly for quickly computing complicated, large scale portfolio calculations.

“At Numerix, we’ve focused on solving customer problems in a practical way,” said Steve O’Hanlon, CEO of Numerix. “A new managed services component developed through groundbreaking enhancements to the platform architecture can now deliver Numerix solutions in the rapidly evolving microservices format. This enables our solutions to be fast and more transparent. We’re honored to be recognized by Waters Technology for our achievements in XVA analytics over the past year. This has been marked by usability improvements, technology enhancements, as well as innovations for performance.”

Numerix Oneview functionality for risk management is designed to enable users to efficiently calculate counterparty risk measures, as well pricing valuation adjustments. Beyond pricing, Numerix XVA offers robust pre-trade analytics, stress testing tools, as well as the ability to capture market sensitivities for all of the aforementioned measures. The Numerix XVA software GUI features intuitive elements such as suggestive typing and a guided workflow for creating transactions. Collateral management and optimization functionality have also been advanced as part of our XVA offering. This is empowering our front office XVA users who seek greater transparency into collateral costs and usage.
 

About Numerix
Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence capabilities for trading and risk management. Committed to out-of-the box thinking, the exploration and adoption of the latest technologies, Numerix is dedicated to driving a more open, fintech-oriented, digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability. For more about Numerix: www.numerix.com


PR Contact:
Emily Jean-Pierre
Vice President of Public Relations
P: +1 646 898 1294
M: +1 646 373 9654
ejeanpierre@numerix.com

 

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