17 August 2017
visit www.avoka.com

NumeriX upgrades credit engine and toolkit

04 April 2003  |  1382 views  |  0 NumeriX upgrades credit engine and toolkit

New York-based NumeriX has upgraded its pricing and risk management packages, NumeriX Tools and NX Pricing & Risk Engine, to enable users to model, price and manage risk of credit products.

NumeriX's analytics toolkit enables firms to build their own customised applications and the credit engine is an off-the-shelf application for pricing and managing the risk of a broad range of credit products.

The NX Pricing & Risk Engine provides risk management on instruments ranging from single-name exotics to basket structures with multiple valuation models and sophisticated hybrid products. In addition, the system supports conventional waterfalls relevant for cash (CLO) and synthetic (CSO) CDOs.

Both products include 1-dimensional lognormal mean-reverting, 2-dimensional model to diffuse spreads and interest rates for basket structures and credit portfolios, quasi multi-period model, Copula function model, true multi-period model, CDO model, and semi-analytic limiting distribution model.

Dimitri Raevsky, managing director of credit, NumeriX says the software provides tools to empower users to easily structure and price new products as they come into the marketplace.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.worldpaymentsreport.comvisit www.niceactimize.com

Who is commenting?

Top topics

Most viewed Most shared
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
10022 views comments | 8 tweets | 16 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
10011 views comments | 13 tweets | 11 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8336 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7784 views 0 | 1 tweets | 9 linkedin
PayPal buys Swift Financial to boost working capital bizPayPal buys Swift Financial to boost worki...
7725 views comments | 13 tweets | 7 linkedin

Featured job

London, UK (or flexible)

Find your next job