Numerix Welcomes First Derivatives as Capital Markets Consultancy Partner

NUMERIX PARTNERS WITH LEADING CONSULTING AND SOFTWARE COMPANY, FIRST DERIVATIVES TO SCALE SPEED AND RICHNESS OF SOFTWARE IMPLEMENTATIONS.

Numerix, the leader in risk technology, today announces a new partnership with leading consultancy and software company, First Derivatives (FD). Through the partnership, Numerix will embed FD’s extensive network of consultants and deep capital markets expertise into its solution implementations enabling it to further enhance the delivery of products and services to its global network of clients.

Because of Numerix’s rapid growth and increasing number of solution implementations globally, this partnership supports its strategic shift to use best of breed consultancies like FD as part of its ecosystem of implementation partners.

“At Numerix we are constantly exploring new ways to improve the quality of system support and implementation services we can offer to clients,” said Steve O’Hanlon, CEO of Numerix. “This partnership will allow Numerix to focus on our software development and technology, and with its tools and qualified consultants, FD can focus on delivering the best services possible. With this combined best of breed offering, we are positioned to further scale operations while delivering the best possible experience to our valued clients.”

“We’re delighted to be furthering our partnership with Numerix after successful joint client projects,” said David Collins, MD of Consulting and Managed Services at First Derivatives. “The combination of Numerix’s software and technology leadership in the risk arena with our deep sector and domain experience in capital market consulting is a compelling proposition for firms looking for next generation risk platforms & tool sets. With our commitment to ongoing projects, training and positive feedback from joint projects we look forward to developing our partnership and helping Numerix expand into new areas.”

About Numerix

Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. Committed to out-of-the box thinking, the exploration and adoption of the 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: http://www.numerix.com/

About First Derivatives

FD is a global technology, managed services and consultancy provider with more than 20 years of experience working with some of the world’s largest finance, technology, automotive, manufacturing and energy institutions. The Group’s KX technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. KX delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. FD operates from 15 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,400 people worldwide. For more information please visit: www.firstderivatives.com