Numerix Honored in Prestigious 2019 FinTech Breakthrough Awards Program
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Numerix, the leader in risk technology, today announced that its derivatives pricing and risk system, Numerix Oneview has been selected as winner of the “Best Risk Management Service” award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global FinTech market today.
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2019 FinTech Breakthrough Award program attracted more than 3,500 nominations from across the globe.
“The banking and financial services industries are facing incredibly challenging complexities as they upgrade legacy systems with modern technology solutions powered by flexible cloud deployment options,” said James Johnson, Managing Director, FinTech Breakthrough. “Numerix’ Oneview platform is a playing a leading role in this transformational change, providing powerful data, regulatory and risk management solutions are driving banks toward a new paradigm. We are proud to recognize Numerix Oneview as one of the leading fintech products for risk management and we congratulate the Company of their well-deserved 2019 FinTech Breakthrough Award designation.”
“As financial institutions seek more flexible solutions that are designed to address specific business challenges, this has driven the need for new technology. Our decision to evolve Oneview to an open architecture has enabled fast delivery of new functionality, and the ability to offer a truly scalable risk solution to our clients,” said Steve O’Hanlon, CEO of Numerix. “This openness also provides flexibility. Numerix Oneview can react more efficiently to changing market scenarios and be adapted to these new conditions, which helps it to standout from other vendors in this competitive category.
“Numerix' differentiating technology solutions have enabled it to breakout from the fintech noise. This has been the driving force behind our continued success.”
– Steve O’Hanlon, CEO
The agility of Oneview has enabled Numerix to quickly capitalize on a cloud-first mantra by building and deploying multiple technology solutions via a new managed service offering which offers a range of diverse applications to support valuation, risk, and infrastructure requirements. Underpinning the platform is the industry’s most comprehensive library of models and methods for pricing any conceivable instrument using the most advanced calculations.