23 October 2017
visit www.avoka.com

Numerix to provide pricing models for Thomson Reuters risk management suite

27 January 2010  |  1946 views  |  0 Source: Numerix

Numerix, the leading independent provider of award winning cross-asset analytics for the structuring, valuation and risk analysis of derivatives and structured products, today announced Thomson Reuters will extend Numerix's vanilla - exotics pricing solutions and risk analytics in Thomson Reuters Kondor+ Suite and TopOffice solutions.

Financial service firms using Thomson Reuters Kondor + Suite to build and trade structured products, can already access the extensive Numerix CrossAsset library of independent pricing models, methods for the pricing and analysis of various exotic derivatives and related transactions. Clients will now have better access to the Numerix CrossAsset library, to include enhanced coverage and pricing capabilities for vanilla instruments.

Clients of Kondor+ Suite can now structure, price and analyze OTC derivatives and structured products quickly and easily using Numerix's pricing models and analytics. Numerix software will be pre-integrated into Kondor+ Suite, making activations easy and straight forward for new users.

Additionally, Thomson Reuters real-time risk, P&L and liquidity management solution application- TopOffice has also been expanded to include access to Numerix CrossAsset pricing and analytics. TopOffice now offers access to Numerix pricing and risk analysis tools providing users with real flexibility and support for real-time risk and P&L analysis and reporting across all asset classes.

"The expansion of our agreement with Thomson Reuters to include Numerix as the source of pricing models demonstrates the ubiquitous nature of Numerix's models and risk analytics and represents a solid strategic advancement for both firms," said Steven R. O'Hanlon, President and COO of Numerix. "We look forward to offering continued access to the independent pricing and risk analytics their clients demand."

"Our relationship with Numerix helps Thomson Reuters provide our users with a powerful combination of accuracy and flexibility. We are extending our relationship with Numerix across our risk management product range to help our customers achieve the highest possible return on their investment," said Boris Lipiainen, Global Head of Product and Development, Risk Management, Thomson Reuters.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.atos.net

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
18765 views comments | 25 tweets | 36 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
14998 views comments | 23 tweets | 31 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10880 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
8916 views comments | 14 tweets | 28 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job