Marina Del Rey, CaliforniaNovember 29, 2017Numerix, the leader in risk technology, today announced it is recognized by Red Herring on its Top 100 Global list in honor of the leading private companies from North America, Europe, and Asia, celebrating these startups’ innovations and technologies across their respective industries. The Top 100 Global list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype,, YouTube, and eBay would change the way we live and work.

CEO of Numerix, Steve O’Hanlon comments: “Staying competitive in today’s changing market requires participants to be able to do things efficiently in an automated way. At Numerix it continues to be our goal to push the boundaries of what a commercial trading and risk system can accomplish. Most designs date back to the mid-90s and were built to solve the business problems of a different era. Numerix is a Red Herring winner, because unlike the competition, we’ve built a technology system intelligent enough to meet the real-time requirements and event-driven operations of today. While the front-to-back, monolithic vendors can no longer compete, Numerix has risen to the challenge building a very compelling alternative.”

“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe Numerix embodies the vision, drive and innovation that define a successful entrepreneurial venture. Numerix should be proud of its accomplishment.”

Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track records and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.

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 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:

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