Technology innovation - Numerix

The collapse of Lehman Brothers last year sent shock waves through the financial markets, pushing financial institutions and regulators to demand better transparency, valuation methods and risk metrics. Technology vendor Numerix was quick to react to this challenge by providing a range of innovative solutions covering counterparty risk, compliance, value-at-risk and risk management

 

Numerix's ability to adapt to the financial crisis has set it apart from its competitors. One of the biggest problems facing investors this year has been finding a way to accurately price hard-to-value securities. "While innovation in the structured products market may have waned, investors still have complex deals on their books and the need for independent valuation and risk management tools has never been greater. Institutions are no longer simply relying on valuations provided by dealers -