NumeriX and Thema sign partnership deal

Source: NumeriX

NumeriX, the award-winning, independent leader in pricing and risk analytics for fixed income, credit, foreign exchange, hybrids, cross currency, commodities, inflation rate and equity derivatives, today announced a new partnership agreement with Thema Consulting, a leading independent provider of risk management, treasury and trading services and software.

Thema's MasterFinance 6.0 pricing-engine now bundles the latest NumeriX math libraries, enabling financial institutions to gain more accurate, independent pricing for standard and hybrid exotic derivatives with extensive asset class coverage. With access to all NumeriX capabilities directly through MasterFinance, clients are able to manage complex derivatives positions more efficiently. They are able to automatically value the latest innovative products, including interest rate, inflation, equity, credit, commodities, FX derivatives and hybrid products.

"We are pleased with this partnership that assists THEMA in reducing the time it spends in integrating analytics. As a result, THEMA's clients are able to significantly reduce the time and difficulty in modeling and pricing complex derivatives and structured products," said Steven R. O'Hanlon, President and COO of NumeriX. "This partnership strengthens our position as a leader in independent valuation and, coupled with MasterFinance's standing in the European market for global treasury platforms, expands our global reach."

"We believe that by integrating the NumeriX derivatives analytics with MasterFinance, our integrated platform for risk management, treasury and trading creates a powerful solution that enables our clients to increase innovation in their financial products," said Fabrizio Masciadri, CEO of THEMA. "Moreover, the solution will enable a fast-modeling pricing process that involves front office, risk management, accounting and compliance and reduce complexity and time to go to market."

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