Numerix Blog

Professor Paul Glasserman, author of "Monte Carlo Methods in Financial Engineering," joins the Numerix Quantitative Advisory Board

Professor Paul Glasserman has been appointed to the Numerix Quantitative Advisory Board, established to further the standardization and advancement of pricing and risk for the OTC derivatives market.

His publications include the book, Monte Carlo Methods in Financial Engineering (Springer, 2004), which received the 2006 Lanchester Prize and the 2005 I-Sim Outstanding Publication Award. Among his many other awards, Professor Glasserman received the 2004 Wilmott Award for Cutting-Edge Research in Quantitative Finance and Risk Magazine's 2007 Quant of the Year Award. He is also a two-time recipient of the Dean's Award for Teaching Excellence (1994, 2000).

“The research that Professor Glasserman has carried out is at the forefront of innovation when it comes to financial engineering and Monte Carlo methods,” added Dr. Serguei Issakov, Senior Vice President of Quantitative Research & Development at Numerix. “He is a known pioneer in the acceleration of Monte Carlo techniques, including calculation of sensitivities needed for stable hedging, and we are truly honored to have someone with Professor Glasserman’s industry expertise as a member of the Advisory Board,” said Dr. Issakov.

For more details, view the related press release.

Numerix University Comes to London, Amsterdam and New York

If you’re a desk quant, a risk manager, a trader, or anyone else that works with OTC derivatives, you might want to check out Numerix’s two-day intensive training program in advanced techniques for structuring, pricing and risk managing complex trades.

Upcoming classes include:

May 25-26		London		(Registration/Agenda)
May 27-28		Amsterdam		(Registration/Agenda)
June 15-16		New York		(Registration/Agenda)

Participants will receive hands-on training using Numerix’s Excel-based software platform, including the setup and pricing of sample deals such as a capped floater, a Bermudan callable inverse floater swap and a Bermudan callable CMS spread deal, as well as equity and FX basket trades.

To learn more about Numerix University, click here.

Fall Dates Announced for Numerix University Financial Engineering Training

Our popular two-day training course for financial engineers is back in New York, with two new dates:

• Oct. 13-14: Interest-Rate, Cross-Currency and Inflation derivatives
• Oct. 20-21: Equity, FX and Hybrid derivatives

Participants will learn effective structuring, pricing and risk management techniques for complex derivatives through hands-on use of Numerix analytics. Attendees will also have the opportunity to become a Numerix Certified Financial Engineer.

This program is in high demand and space is limited, so register today.

Click here for more information.