Numerix CrossAsset offers the industry’s most comprehensive derivatives pricing and risk management analytics library to empower users to structure, price and manage even the most complex derivatives.
In addition to the multitude of pricing models and its flexible architecture for defining bespoke deals, CrossAsset enables you to deploy a unified pricing and risk solution for all your derivative and fixed income positions across all trade types.
The award-winning CrossAsset pricing and risk analytics library provides the industry’s most comprehensive cross-asset class library of market-standard models and advanced numerical methods. Whether you are valuing a vanilla option using one of our hundreds of pre-defined templates and closed-form pricers or creating a bespoke instrument using our unique payoff scripting language or Python, CrossAsset makes the pricing, valuation, and risk management of derivatives and structured product more efficient and accurate than ever.
The power of Numerix CrossAsset lies in the ability of end-users to perform pricing and risk calculations on any derivative at runtime, without requiring any recompilation or redistribution of the CrossAsset library. This "data-driven" approach to pricing allows the CrossAsset library to stay relevant in the quickly changing field of derivative pricing.
Numerix's hybrid model framework produces accurate valuations for instruments consisting of multiple underlyings through joint calibration and incorporating multiple stochastic processes.