Numerix, which provides cross-asset analytics for derivatives valuations and risk management, has appointed Steven R. O’Hanlon as CEO and president.
O’Hanlon previously was COO and president charged with overseeing the company’s corporate and product strategy, field operations, global sales initiatives, product development and marketing communications.
“In my new role as CEO, I look forward to accelerating our brand further into the risk space and executing on a number of major initiatives that empower the end user,” O’Hanlon says. “As we drive forward, Numerix will continue on our path of delivering world-class solutions for real-time counterparty credit risk and market risk management, and continue our focus around innovative analytics for valuation helping clients to understand and respond to new regulatory demands and shifting global markets better than ever before.”
Gregory Whitten, who was CEO since 2003, will remain chairman of the board.
“[OHanlons] vision continues to have a profound impact on company strategy, enabling Numerix to take advantage of new opportunities and leverage its pricing and risk analytics to enter new business segments like insurance, Whitten says.
(CG)