Numerix Oneview Named Best Technological Solution in the SRP European Awards 2019
Numerix Oneview for Trading Solution Named Best Technology for Structured Products Issuance and Management
Numerix, the leader in risk technology, has won the award for Best Technological Solution Award at the 2019 Structured Retail Products European Awards. In October 2018, SRP surveyed EMEA structured products distributors, receiving 683 responses. The survey results underpinned the awards program, which were handed out on February 6, 2019 during the 16th Annual Europe Structured Products & Derivatives Conference in London.
In its awards report, SRP highlighted several key findings. Automation was mentioned as a potential hurdle for the industry throughout 2019. Editors wrote that despite some indisputable operational benefits, notably in terms of cost reduction and transparency, automation in financial services advice has inherent weaknesses. The report also notes many requests directed at issuance platforms with a significant proportion of respondents asking for technological advances. Top of the list was better ‘connectivity with our internal systems’.
Numerix CEO, Steve O’Hanlon comments: “Structured notes are on the rise. Issuers must deliver fast, accurate pricing and the latest products to compete. Oneview for Trading offers users a real-time advantage that’s automated and intuitive. As the solution is being adopted rapidly across EMEA, we are proud to be recognized by the survey participants and SRP judges.”
Numerix Oneview for Trading empowers institutions to aggressively grow and confidently manage their structured note business. A real-time front-to-risk solution, Oneview enables issuers and distributors to capture market opportunity by delivering unmatched speed, accuracy and flexibility from structuring and pricing to hedging, risk analysis and lifecycle management.