Numerix Ranks Amongst World’s Most Elite Risk Technology Provide
Chartis RiskTech100® 2020 Names Numerix the Market Leader in Pricing & Analytics and xVA
Numerix, the leader in risk technology, today is proud to announce its inclusion in the Chartis RiskTech100® 2020, the annual ranking of the world’s leading players in risk technology, and globally acknowledged as the most comprehensive independent study of the world’s major players in risk technology. Numerix took home the individual awards for Pricing & Analytics – OTC Derivatives and xVA, in addition to ranking #12 overall.
Numerix’s impressive showing in this year’s rankings is due in large part to its category leading position in several 2019 RiskTech quadrants, including: Front Office Risk Management Technology, Fixed Income Technology Solutions, Sell Side Enterprise Risk Management and Model Validation Solutions.
“Numerix’s success this year results from our mathematical ingenuity as well as our commitment to technology excellence through a focus on developing radical improvements in managing data, UX and streaming analytics. The growth of our managed services business has also changed the game in terms of how our clients are able to use our applications and consume our analytics in the cloud,” saidSteve O’Hanlon, CEO of Numerix. “With such a rigorous research methodology for its assessment, by aligning our strategy with the goals of our customers we were able to stand out from our competitors in this year’s ranking.”
“Numerix’s continued investment in pricing and analytics, allied to extensive work on the underlying data and accurate modeling and structuring of curves, has helped to make it a leader in its field,” said Rob Stubbs, Head of Research at Chartis. “As the market increasingly makes use of partnership strategies, wider adoption of Numerix’s pricing and analytics for derivatives and xVA is reflected in its award wins for both Pricing & Analytics – OTC Derivatives and xVA.”