Numerix Voted Best Credit Risk Solution Provider by Waters Technology Readers
End-Users Select Numerix Oneview as Category Winner in Competitive Credit Risk Solution Category
Numerix, the leader in risk technology, is honored to be named the winner of the Best Credit Risk Solution category in the 2019 Waters Rankings. Capital markets end-users cast their votes over a six-week period to determine the outcome of the 30 categories making up this year’s rankings.
Editor's credit the bulk of Numerix's success to its Oneview offering. Over the past year, Numerix has introduced new innovations to address automating certain functions supporting structured products and over-the-counter trading, markets that have traditionally been mired by their opaqueness, thin liquidity and manually intensive front-office processes.
"Oneview for Trading, launched earlier this year, enables issuers and distributors to profit from market opportunities by delivering speed, precision and flexibility from structuring and pricing, to hedging, risk analysis and lifecycle management. This has been one of many key initiatives that helped us to standout among the competition in this year’s voting,” said Steve O’Hanlon, CEO of Numerix.
Also contributing to the win was Numerix’s continued innovation around XVA pricing and risk analytics. Oneview for XVA empowers central desks to confidently manage counterparty exposures, integrate XVAs into deal prices, and execute complex deals at the right price. Numerix has also focused on delivering functionality for addressing ISDA SIMM™, coming to market with a new solution in April 2019.