NumeriX, the recognized leader of analytic solutions for structuring, pricing and risk analysis of derivatives and structured products, announced today that Yukiko Nakamura has been promoted to Managing Director of the NumeriX Tokyo office.
Ms. Nakamura, previously Vice President of Business Development for APAC, will oversee the company's operations in Japan and Korea at a time when NumeriX is gaining momentum in the AsiaPac market.
Ms. Nakamura brings over 12 years of experience in the derivatives and structured products markets and front office systems to her new position. Most recently, she has held roles at Calypso, Sophis and Mysis.
"We are pleased to have Yukiko as part of our executive team, and we are confident given Yukiko's unique combination of experience in analytics, systems and derivatives will bring new insight and value to all of our clients throughout Japan and Korea," said Steven R. O'Hanlon, President and COO of NumeriX. "AsiaPac is a strategic market for us, and we are confident that Yukiko will oversee a period of great growth and prosperity for NumeriX in the region."
"Given the state of the global markets and the dynamic landscape of both Japan and Korea, this clearly is an interesting time for the derivatives and structured products markets," said Yukiko Nakamura, Managing Director, Tokyo. "I am pleased for the opportunity to expand the NumeriX brand and to work with financial institutions during this time of stress to help them employ NumeriX best-of breed solutions for valuation and risk management."
NumeriX first opened its Tokyo office in 1998 and the top 20 financial institutions in Japan currently utilize NumeriX analytics. The company also has offices in Singapore and Hong Kong.