Numerix Launches Real-Time Solution for Structured Note Issuance and Management
Numerix, the leader in risk technology, today announces the immediate availability of its new solution – Oneview for Trading. A complete real-time infrastructure for structured note issuance and management, Oneview for Trading empowers institutions to aggressively grow and confidently manage their structured note business.
The automation and electronification of trading are slowly, but steadily spreading into the markets for complex derivatives and structured notes. Whereas electronic trading was historically restricted to very liquid asset classes and exchange-traded products, it is now increasingly viable for less liquid, more complex products because of rapid advances in technology.
As market demand for structured notes grows in many parts of the world, issuers see a large opportunity to leverage technology to capture gains in the market. However, many issuers are struggling to realize these gains, as their legacy spreadsheets, clunky product structuring processes, and fragmented ecosystems of booking systems are not up to the task. Issuers must deliver fast, accurate pricing and innovative new products to compete.
“Leveraging a next generation technology architecture, Oneview for Trading enables issuers and distributors to profit from market opportunity by delivering speed, precision and flexibility from structuring and pricing to hedging, risk analysis and lifecycle management,” said Ilja Faerman, SVP Client Solutions EMEA, Numerix. “Fully integrated into a bank’s IT infrastructure, our real-time solution keeps pace with fast moving underlying markets. With tradeable real-time quoting and real-time risk calculations for even the most complex structured notes, it gives users the powerful tools and insights they need to rapidly grow their business, along with the flexible structuring tools needed to meet market demand for new product types.”
“Numerix has deep experience dealing with the valuations of complex derivatives and their hedges. As we’ve realized our front-to-risk vision, Oneview for Trading reaches upstream to where the products are created, and where bigger margins are being pursued. Today, clients using Oneview for Trading are seeing incredible value, completely transforming and simplifying a historically complex process, and leveraging a single, unified platform for running their structured notes business,” said Steve O’Hanlon, CEO of Numerix. “We are proud of how our software continues to reshape and even revolutionize business operations for our clients, and of how our new innovations like Oneview for Trading are creating new opportunity for them.”