Numerix, the provider of cross-asset analytics for derivatives valuations and risk management, has won first place in the Risk Magazine Technology Awards 2010 in the category of “Pricing and Analytics” – Structured Products for the third consecutive year. Risk Magazine polled thousands of banks, hedge funds, pension firms, insurance companies and corporate treasuries for this year’s technology rankings.
In addition to winning the structured products category for the third consecutive year, Numerix succeeded in gaining top five places in six other pricing and analytics categories in the global poll, and for the first time was ranked among the top five in the Equities, Inflation and Rates categories. These other categories, included Cross-asset trading, Forex and Credit.
“We are pleased with the results of the Risk Technology Rankings,” said Steven R. O’Hanlon, President and COO of Numerix. “Our time and effort spent on introducing new enhancements across all asset classes has been rewarded with Numerix receiving first time top five recognition in three new asset class categories- equities, inflation and rates. These results reflect our continued commitment to provide our clients with leading valuation solutions and providing the foundation for sound risk management capabilities. Thank you to those clients who participated in the polling for 2010.”
D.C.