Numerix Earns Coveted Ranking and Awards for RiskTech100 2024
Numerix, a leader in capital markets risk management technology, proudly announces the win of two prestigious awards for Front Office Risk Management and xVA under the RiskTech100® 2024 awards. This is the second year in a row that Numerix received both important recognitions from Chartis. In addition, Numerix made the top 20 in the RiskTech100® 2024 Ranking.
“Numerix’s continued strength in the RiskTech100 reflects several key factors,” said Phil Mackenzie, Research Principal at Chartis. “By expanding its functionality via an acquisition programme, it has enabled deeper coverage of new asset classes, while continuing to build out its core xVA framework and Python-based cross-asset quant platform.”
Numerix acquired FINCAD in April 2023 and PolyPaths in August 2023. FINCAD is a leading analytics company in the pricing and risk analytics of financial derivatives and fixed-income products. PolyPaths is a market leader in advanced solutions for fixed-income analytics.
RiskTech100® is widely recognized as the most comprehensive independent assessment of the world's major risk and compliance technology providers. Employing a rigorous and repeatable methodology, the report ranks the top 100 risk technology providers and identifies key leaders across various risk and compliance categories.
Considering this remarkable accomplishment, Numerix extends its gratitude to its dedicated team and valued clients who have played an integral role in the journey to excellence. This achievement underscores Numerix's commitment to delivering cutting-edge technology solutions that empower financial institutions and market participants worldwide.
About Numerix - Numerix is a leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. 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.
