Numerix Managing Director Joins Esteemed Panel at Risk Live Europe 2023

Numerix, a leader in capital markets risk management technology, is thrilled to announce its participation in an upcoming panel discussion at the highly anticipated Risk Live Europe 2023 presented by Risk.net. This event has gained a reputation for uniting industry leaders and experts, offering an exceptional platform to explore cutting-edge trends and challenges within the risk management landscape. 

As a critical player in the financial technology industry, Numerix's Ilja Faerman, has been selected to join a distinguished panel of thought leaders, including representatives from J.P. Morgan, Mizuho Securities Europe, and ActiveViam.  

The discussion, "Technological Innovation and Disruption in Risk Management," will be held during the 11:30 am time slot on June 7th. The discussion will focus on why understanding the effects of technological innovation on the industry is essential for risk managers. The panel is moderated by the esteemed Commercial Editor for Risk.net, Phil Harding. The group will discuss emerging technologies that can improve the effectiveness of risk management functions, blockchain, how artificial intelligence (AI) affects the industry, and the status of the EU AI Act. 

"I am thrilled to be a part of this esteemed panel at the Risk.net event," said Ilja Faerman, Managing Director at Numerix. "Technological innovations have and will continue to have a great impact on risk management. I’m thrilled to have a stage to discuss topics like the role of AI in risk management practices, the impact of cloud computing and how it helps modelling ever more complex risks in the age of digital banking, the emergence of tokenization driven by the blockchain technology, and even how coding literacy is becoming the norm within the financial industry and why that matters."  

Panelist Ilja Faerman serves as the Managing Director and Head of the Client Solutions Group at Numerix, where he has spearheaded the successful delivery of projects across Europe, the Middle East, and Africa. His extensive expertise encompasses pricing complex derivatives across multiple asset classes, XVA desk support in building calculation infrastructure, and collaboration with structured product issuers on a wide array of processes, ranging from solutions for trade ideation to building platforms for comprehensive risk management of large portfolios. Faerman also possesses in-depth knowledge of various subjects, such as SIMM, FRTB, and buy-side industry solutions. 

About Numerix: 

Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. Numerix is dedicated to driving a more open, fintech-oriented digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience, and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability.