19 June 2018
Visit www.avoka.com

Gaia Transparence and Numerix team on Emir offering

04 February 2014  |  1664 views  |  0 Source: Numerix

Gaia Transparence, a pioneer Open Source Software (OSS) provider of asset management, trading and risk systems, and Numerix LLC, the leading provider of cross-asset analytics for derivatives valuations and risk management, have announced a partnership where Numerix analytics are embedded within Gaia Transparence's Position Builder solution for collateral management, margin requirements and Credit Value Adjustment (CVA).

The partnership provides a complete solution for the European Markets Infrastructure Regulation (EMIR) where users are able to forecast and manage initial and variation margins. In leveraging the Numerix CrossAsset library of the industry's most comprehensive collection of models and methods, the system also provides support for mandatory trade repository reporting, and the successful monitoring of all global positions.

"Numerix is the market leader and key innovator in the field of analytics. We chose Numerix because their cross-asset capabilities and model library are both cutting edge and a recognized benchmark for the market," comments Emmanuel Nusimovici, Chief Executive Officer of Gaia Transparence.

"As the target date for trade repository requirements under EMIR is fast approaching, our partnership with Gaia Transparence is especially timely. Our combined solution is quick to implement and Gaia Transparence's open source platform is both easy to integrate and enhance. This user friendly interface also makes it the ideal platform for regulatory reporting," says Steven R. O'Hanlon, Chief Executive Officer and President of Numerix. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit http://go.jumio.com/finextraAdVisit www.aciworldwide.comVisit https://info.nice.com/

Who is commenting?

A Finextra member Finextra Member Commented on: BIS: Cryptocurrencies...
A Finextra member Finextra Member Commented on: BIS: Cryptocurrencies...
A Finextra member Finextra Member Commented on: Monzo launches bill tr...
A Finextra member Finextra Member Commented on: NatWest taps Open Bank...
A Finextra member Finextra Member Commented on: HSBC promises $17bn in...

Top topics

Most viewed Most shared
10,000 jobs could be lost to robots says Citi10,000 jobs could be lost to robots says C...
48867 views comments | 44 tweets | 35 linkedin
Ripple exec says DLT not ready for banks...yetRipple exec says DLT not ready for banks.....
10664 views comments | 9 tweets | 32 linkedin
UK launches £2.5bn startup initiativeUK launches £2.5bn startup initiative
9515 views comments | 30 tweets | 26 linkedin
HSBC promises $17bn investment in technologyHSBC promises $17bn investment in technolo...
8420 views comments | 8 tweets | 21 linkedin
NatWest taps Open Banking for cardless online paymentsNatWest taps Open Banking for cardless onl...
8081 views 11 comments | 12 tweets | 12 linkedin

Featured job

Six-Figure Base + OTE + Benefits
London, UK

Find your next job