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

Gaia Transparence and Numerix team on Emir offering

04 February 2014  |  1510 views  |  0 Source: Numerix

Gaia Transparence, a pioneer Open Source Software (OSS) provider of asset management, trading and risk systems, and Numerix LLC, the leading provider of cross-asset analytics for derivatives valuations and risk management, have announced a partnership where Numerix analytics are embedded within Gaia Transparence's Position Builder solution for collateral management, margin requirements and Credit Value Adjustment (CVA).

The partnership provides a complete solution for the European Markets Infrastructure Regulation (EMIR) where users are able to forecast and manage initial and variation margins. In leveraging the Numerix CrossAsset library of the industry's most comprehensive collection of models and methods, the system also provides support for mandatory trade repository reporting, and the successful monitoring of all global positions.

"Numerix is the market leader and key innovator in the field of analytics. We chose Numerix because their cross-asset capabilities and model library are both cutting edge and a recognized benchmark for the market," comments Emmanuel Nusimovici, Chief Executive Officer of Gaia Transparence.

"As the target date for trade repository requirements under EMIR is fast approaching, our partnership with Gaia Transparence is especially timely. Our combined solution is quick to implement and Gaia Transparence's open source platform is both easy to integrate and enhance. This user friendly interface also makes it the ideal platform for regulatory reporting," says Steven R. O'Hanlon, Chief Executive Officer and President of Numerix. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit abe-eba.euVisit capgemini.com

Top topics

Most viewed Most shared
Danish banks add Dankort payments to mobile walletsDanish banks add Dankort payments to mobil...
15161 views comments | 2 tweets | 7 linkedin
European Commission opens public consultation on fintechEuropean Commission opens public consultat...
13714 views comments | 53 tweets | 32 linkedin
MAS to roll out national KYC utility for SingaporeMAS to roll out national KYC utility for S...
12499 views comments | 33 tweets | 46 linkedin
hands typing furiouslyTwo key technologies driving Machine Learn...
8930 views 0 | 16 tweets | 4 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job