New York, NY – May 16, 2012 – Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, announced today the release of Numerix LiquidAsset 2.0, an easy-to-use, rapidly deployable solution to price the most common set of liquid OTC derivatives. Built on Numerix CrossAsset, the industry's leading pricing analytics platform, LiquidAsset is available on the desktop through Microsoft Excel, or can be integrated into proprietary or third-party systems with the Numerix LiquidAsset SDK.
"With LiquidAsset we're able to bring our powerful, market leading analytics to a wider group of sophisticated market participants, including hedge funds, investment managers, fund administrators, corporate treasuries and commodity traders," said Steve O'Hanlon, President & COO of Numerix. "By incorporating market-tested, proven derivative models into simple, well designed derivative pricing and utility functions; LiquidAsset can grow with the specific trading and valuation needs of any derivative market participant, helping them to adapt to today's increased demand for accountability and transparency."
The Numerix LiquidAsset 2.0 analytics platform offers a number of new instrument features to empower today's diverse derivatives market participant, including:
-- Swap curve stripping using OIS curve
-- Price American and European options
-- Price Bullet and Calendar swaps
-- Price Commodity forwards
-- Build inflation curves from inflation bonds or inflation swaps
-- Price inflation swaps (zero-coupon)
-- Price inflation bonds, including conventions from 7 jurisdictions
-- Equity variance swaps
-- Construct portfolios quickly and easily by creating a Trade Blotter
-- View trade-level sensitivities, as well as aggregated portfolio-level
sensitivities
-- View the portfolio's sensitivity (delta/gamma/ dollar hedge amount) to
each interestrate market data instrument used to build the yield curve
-- Auto-load a set of calendars and market conventions
-- Add/edit/delete calendar and market conventions
"With LiquidAsset institutions have the comprehensive scope of coverage to employ faster, more accurate deal pricing with a minimum amount of time and effort; a combination which can often mean the difference between huge profits and unexpected losses," said Tom Davis, VP of Client Solutions. "Improved accuracy over valuations gives users the confidence and flexibility they need to hedge more effectively and assess the derivative trading strategies they want to employ – ultimately leading to better, more educated trading decisions."
A full list of instrument coverage for Numerix LiquidAsset 2.0 can be found here:
http://www.numerix.com/resources/files/LibraryDocuments/FactSheets/NumerixLiquidAsset_InstrumentCoverage.pdf
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 75 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, Paris, Frankfurt, Milan, Stockholm, Tokyo, Hong Kong, Singapore, Dubai, South Korea, India and Australia, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information please visit www.numerix.com
Numerix Media Contact
Emily Ahearn
Director of PR
646-898-1294
eahearn@numerix.com