New York, NY – December 3, 2018
Numerix, the leader in risk technology, has won the award for Best Trading System: Structured Products/Cross-Asset in the 2019 Risk Magazine Markets Technology Awards. The award presentation, held in London on November 27th, is one of the industry's most prestigious honors celebrating excellence in risk technology.
A powerful platform of dynamic microservices, Numerix delivers Oneview front-to-risk applications for XVA, market risk, margin and regulatory calculations, in addition to providing end-users with the customized business logic and development tools needed to build their own capital markets apps.
Numerix CEO, Steve O’Hanlon comments, “Our pedigree is in pricing and valuation. For the past 15 years, we’ve dominated the multi-asset class pricing business by increasing the depth of asset-class coverage and responding with the scalability and performance enhancements the evolving market has demanded. Why are we being named the best pricing and structured products provider today? It’s because we’ve also innovated the technology underpinning our analytics. Amplified by diverse cloud deployment options, Numerix has its solidified place as a market leader in front-office risk.”
Risk editors commented on Numerix’s consistent focus on flexibility for handling new products, complex CSAs and multi-curve modelling, as well as on performance with the implementation of AAD, GPUs and cloud. “Good parallel development of pricing, modelling, trade processing and order management, as well as technology,” judges added. “Numerix has a strong anchor client and strong analytics, and a platform in transition – all components for developing a long-term solution.”
The full list winners of this year's awards can be found here.
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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: www.numerix.com
PR Contact:
Emily Jean-Pierre
Vice President of Public Relations
P: +1 646 898 1294
ejeanpierre@numerix.com
