23 March 2017
visit http://events.sap.com/gb/fsi-forum-2017/en/home

Numerix integrates with MathWorks Matlab environment

21 January 2014  |  1127 views  |  0 Source: Numerix

Numerix, provider of cross-asset analytics for derivatives valuations and risk management, and MathWorks, developer of Matlab, a high-level language and interactive environment for numerical computation and visualization, today announced that Numerix CrossAsset Integration Layer is now integrated with the Matlab environment.

Through this integration, financial engineers, risk managers and analysts can now leverage Numerix calculations to create fully customized, robust financial applications for pricing, modeling, and analyzing complex financial instruments.

MATLAB and Financial Instruments Toolbox™ leverage the Numerix CrossAsset library to access the industry's most comprehensive collection of models and methods. Calendars, market conventions and fixing history are also provided via Numerix, enabling faster, more efficient model creation and analysis. The integration enables MATLAB users to price any conceivable derivatives instrument from within the MATLAB environment.

"Users of the Numerix and MATLAB integration have a new level of access for financial analytics—namely pre-trade analysis, model validation and testing, and model comparison—that spans research and production applications," said Stuart Kozola, computational finance product manager at MathWorks. "Financial professionals now have a streamlined workflow for developing and deploying applications involving increasingly complex financial instruments and structured products in a fraction of the time it would take them in C/C++ or Java."

"By leveraging the cross-asset capabilities of Numerix, MATLAB has extended the coverage of risk, pricing, and valuation functionality to its computational finance users worldwide. As financial professionals continue to seek solutions to develop and implement increasingly complex financial models, analyze substantial volumes of data, and operate under tightening regulation, we're proud to announce that the power of Numerix is now available in MATLAB," said Steven R. O'Hanlon, chief executive officer and president of Numerix. "This partnership not only demonstrates the scalability of Numerix analytics and flexibility of integration, but also brings true efficiencies to the way quants and programmers are able to price options, derivatives and structured products within their financial modeling and simulation applications." 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Participate in the surveyvisit abe-eba.euVisit capgemini.com

Top topics

Most viewed Most shared
Bank of England sets up fintech Community; runs blockchain and AI trialsBank of England sets up fintech Community;...
16141 views comments | 33 tweets | 26 linkedin
hands typing furiouslyMachine Learning: Lessons for Banks From S...
10061 views 0 | 11 tweets | 8 linkedin
Samsung Galaxy S8 to use facial recognition for payments - BloombergSamsung Galaxy S8 to use facial recognitio...
8416 views comments | 35 tweets | 28 linkedin
satellite26 Japanese banks register for Exchange-ru...
7463 views comments | 2 tweets | 1 linkedin
Can banks really win in the payments business of the future? – new Finextra reportCan banks really win in the payments busin...
7402 views comments | 21 tweets | 36 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job