Sapient and Numerix forge analytics partnership

Source: Sapient

Sapient Global Markets, part of Sapient (NASDAQ: SAPE) and a leading provider of services to today's institutional financial and commodity markets participants, and Numerix, a leading provider of cross-asset analytics for derivatives valuations and risk management, today announced a global partnership agreement to provide combined capabilities to clients of both organizations.

From front-office to back, Numerix analytics enhance every stage of the derivatives-management process, providing broader instrument coverage, better transparency and improved efficiency throughout the enterprise. As partners, the two companies will work together for shared customers to provide advanced, integrated pricing and analytics solutions for derivatives and structured products across a broad range of asset classes.

"Numerix offers customized solutions to specialized requirements from a few trades to a complete STP system for exotics," said Chip Register, SVP and Managing Director, Sapient Global Markets. "This partnership is a great fit for Sapient clients that typically customize Numerix to support specific models and products as well as integrate them into their own systems, as it requires a unique combination of programming, integration and financial domain expertise that only Sapient can provide."

"As experts in the field of risk analytics, not only does Sapient understand the challenges of active market participants, but they take you from advisory consulting through to systems implementation and outsourcing," said Steven R. O'Hanlon, President and COO of Numerix. "The combination of Sapient's world class delivery and Numerix's high end technology will provide countless benefits to customers of both organizations."

Comments: (0)