NumeriX, the analytics provider for the structuring, pricing and valuation of derivatives and structured products collaborates with Fitch Solutions, a division of the Fitch Group and provider of risk and performance analytics and valuation services.
The partnership with Fitch Solutions gives NumeriX users the ability to immediately value, price and capture new transactions as they enter the market. The service will enable NumeriX users to leverage more credit data as they structure complex derivatives.
NumeriX introduces a new data adapter that supports Fitch Solutions consensus pricing data for corporate, sovereign, loan and asset-backed credit derivatives (CDS) as well as CDS indices information.
Combined with pricing information from Fitch Solutions, users will benefit from greater deal coverage and accuracy. With easy access to Fitch Solutions data, NumeriX users can bring strategies to market faster for a significant competitive edge.
Through our partnership with Fitch Solutions, NumeriX now offers full access to robust credit data for financial institutions, offering customers more flexibility and helping them make more informed investment decisions, says Steven R. OHanlon, president and COO, NumeriX.
In todays environment, access to accurate data and analytics is more important than ever, says Gloria Aviotti, group managing director and head, Fitch Solutions. Both companies provide superior quantitative and analytic solutions to the financial industry, to ensure investors are equipped with the best tools. We look forward to working with NumeriX to better serve the needs of our customers.
L.D.