Numerix Named Technology Vendor of the Year Capping Off an Award-Winning 2024
December 6, 2024 – Numerix, a leading capital markets Front-to-Risk technology provider, has been honored as Risk Award’s 2025 Technology vendor of the year. This prestigious honor, coupled with three additional product awards secured recently, brings Numerix's 2024 award total to an impressive 27— a record year for Numerix.
"These achievements are a testament to the dedication and expertise of our team and the expansion of our company’s capabilities through the acquisitions of FINCAD, PolyPaths, and Kynex. Each award reflects our company’s relentless drive to push boundaries, innovate, and deliver exceptional solutions that empower our clients," said Satyam Kancharla, Numerix's Chief Product Officer.
For the title of Technology vendor of the year, Numerix was recognized for its advancements in covering the entire trading lifecycle, addressing both the breadth of trading operations and the ongoing management of instrument lifecycles. Numerix was also recognized for boosted speeds accomplished through adjoint algorithmic differentiation (AAD) and cloud refactoring. While part of Risk Award’s 2025, this recognition is determined through Risk's rigorous Markets Technology Awards pitching process and supporting insights, highlights Numerix's commitment to delivering cutting-edge solutions. Read more about the decision in this article on Risk.net.
Additionally, during the Markets Technology Awards, Numerix's Oneview for XVA was honored as the Counterparty risk product of the year. The award falls under the traded risk technology category and is determined by the esteemed publication's editorial team. Oneview for XVA is a comprehensive cloud-native SaaS solution that enables users to manage counterparty risk exposures effectively, integrate XVAs into deal pricing seamlessly, and execute complex transactions precisely.
Numerix's CrossAsset was also celebrated at the Markets Technology Awards, winning Pricing and analytics: structured products / cross-asset in the Pricing/Trading Technology category. Renowned for its comprehensive derivatives pricing and risk management capabilities, CrossAsset allows users to structure, price, and manage any derivative or structured product with unparalleled efficiency.
Lastly, Numerix's NxCore was named Best New Technology Introduced Over the Last 12 Months for Analytics at the American Financial Technology Awards. Hosted by WatersTechnology, this competitive awards program acknowledges excellence in deploying and managing financial technology within the asset management and investment banking communities. NxCore Workspaces is a cloud-native platform that facilitates rapid application development and deployment.
Learn more about Numerix's award-winning solutions by visiting Numerix Awards or Numerix Analyst Reports or by contacting the Sales Team.
About Numerix: Since its founding in 1996, Numerix has been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics, and software that redefines pricing and risk management in the financial markets. With the strategic acquisitions of FINCAD, Kynex and PolyPaths, Numerix has further strengthened its leadership position, empowering financial institutions worldwide to transform risk into opportunities with confidence.
Numerix is headquartered in New York City with offices around the world in major financial centers which allows for immediate access to the latest trends, innovations, and thought leaders in the industry. This extensive network across the Americas, EMEA and Asia-Pacific enables Numerix to offer localized support and services to its diverse clientele while drawing on global insights and expertise.
