Numerix Ranks in the Top Five for All Other Individual Pricing Categories

New York, NY – December 22, 2011– Numerix, ( the leading independent provider of award winning cross-asset analytics for derivatives valuations and risk management calculations, today announcedthat it has won first place in the Risk Magazine Technology Awards 2011 for the individual categories of "Pricing Analytics-Structured Products,” “Cross-Asset” and “EnterpriseRisk Management-CVA.” Risk Magazine polled thousands of banks, hedge funds, pension firms, insurance companies and corporate treasuries for this year's technology rankings.

Numerixalso succeeded in gaining top five places in allother pricing &analytics categories in the global poll. These other categoriesincluded: Commodities, Credit, Equities, Foreign Exchange, Inflation and Interest Rate.

“We are extremely pleased with the results of the Risk Technology Rankings,” said Steven R. O’Hanlon, President and COO of Numerix.“Accurate valuation of financial instruments is an essential component of robust CVA calculations; and, the inability to price specific regional securities and take into account local data and conventions leads to the use of approximations that can inherently skew risk numbers,” he explained. “The popularity of the Numerix CVA product largely comes down to our ability to accurately value a wide range of underlying instruments, alongside the recent enhancements to its hybrid modeling framework that allow for the production of consistent scenarios among multiple risk factors.”

The top category wins in this year’s Risk Technology Rankings cap a strong 2011 for Numerix. These top rankings follow Numerix being named “Technology Provider of the Year” in both of the America’s for the fifth straight year by Structured Products Magazine in May. The organization was also recognized by the editors of Asia Risk magazine this year for its innovations in OTC pricing and CVA, along with first place recognition in the Structure Product Magazine’s Asia Survey, with first place recognition in the market and credit risk categories.

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 risk management of derivatives and structured products. Numerix offers clients a highly flexible and fully transparent framework for the pricing and risk analysis of any type of OTC derivative financial instrument. From vanillas and "semi-exotics" to bespoke derivatives, structured products and variable annuities, Numerix allows users to calculate prices and manage risk using any data set.

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, Chicago, San Francisco, Vancouver, London, Paris, Tokyo, Hong Kong, Beijing, Singapore, Seoul, Sydney, Mumbai and Dubai, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information, please visit


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