"It became clear that Numerix was best positioned not only to provide LBHI with the valuations we needed to resolve derivatives claims, but also to flex the market inputs and transaction terms to ensure that those valuations are reasonable."
"This new module enabled Transamerica to reduce end-to-end run time from 40 hours to 6 hours while improving modeling precision. In addition, Leading Hedge is setting the stage for additional uses for nested stochastic projections."
"By selecting Numerix, our ESG models are founded on the market-tested industryleading Numerix model library of advanced models, all of which have been rigorously tested and validated by Numerix’s model validation team and verified in the capital markets for many years."
"One of the objectives of our activity is validating the accuracy and the completeness of the models used in particular for pricing financial products. Numerix will be very helpful in achieving this objective and will allow us to improve our reactivity and efficiency."
"With substantial domestic and foreign market operations, innovation extends to how we’re improving our technology and analytics capability for improved risk management. For us the most important thing is to have comprehensive analytics that enable us to assess value and risk management options using the most up to date methodologies and to make decisions in real time."
"Derivatives perform critical functions for investment managers and institutional investors. Our global alliance with Numerix and Prism Valuation brings a range of capabilities and depth of knowledge to help our clients exercise greater control over valuation of these assets, while meeting the transparency standards sophisticated investors demand."
"As the recognized leader, and industry standard for cross-asset derivatives pricing and risk management, Numerix analytics enable our quant teams to better support clients in assessing and managing their financial risks."
"In choosing Numerix CVA, we received the best performing methods for each instrument category and a reliable, flexible CVA solution, that above all else was easy to use."
"By implementing Numerix analytics and utilizing its models and methods library, we’re able to reduce operational risk and external valuation costs across the bank."
"We look forward to continuing our close relationship with Numerix as the team provides us with the technology and support needed to take our risk management system capabilities to the next level."
"With Numerix’s high performance computing environment and custom analytics applications underpinning our debt management framework, we’ve implemented a robust best-practice risk management system for hedging decisions and risk management. We’re also able to provide clients with enhanced portfolio composition and interest cost projections, based on various market scenarios and assumptions."
"Since we began the bond and derivative valuation project, we have relied on Numerix calculations and been happy with the outcome. Contact with Numerix has always been easy, as well as adjusting the size of the Numerix team {as needed} to the workload at each point...I have been very happy with the robustness of the calculations Numerix has provided."
"Numerix CrossAsset is a highly flexible tool, which provides us with complete model coverage in all relevant asset classes. CrossAsset enables insight into the risk of structured products, and improves our ability to provide more reliable mark-to-market prices for these instruments."