everis Enhances Risk Management Product Suite with Numerix CrossAsset Analytics
everis has joined the Numerix Partner Program to offer Powered by Numerix™ pricing and risk analytics within the everis Risk Management Product Suite. This suite provides banks and insurers a complete risk and capital management solution comprised of everis Operational, Aggregation, CurveFitting and Risk Based Pricing modules.
everis clients can now leverage key Numerix functions such as cross-asset analytics, Monte Carlo simulation, random number generation, correlations estimation and date functions.These features enable powerful scenario analysis and validation, flexible modeling, enhanced risk based pricing and a fully integrated risk aggregation and curve fitting process.
“The integration of Numerix analytics into everis offerings gives clients maximum modeling flexibility and calculation power for structuring, pricing and analyzing any derivative or structured product from vanillas to the most exotic deal type,” said Steven R. O’Hanlon, President and COO of Numerix. “We look forward to the new and innovative ways Chief Risk Officers, Quantitative Analysts and Actuaries will leverage and benefit from this dynamic partnership.”
Read the full press release.