Numerix Named Category Leader in Chartis RiskTech Quadrant for XVA Solutions 2021
Numerix Contact:
Jim Jockle
EVP, CMO
Phone 646-898-1263
Email: jjockle@numerix.com
Numerix, the leader in risk technology, today is proud to announce its inclusion in the Chartis RiskTech Quadrants and vendor capabilities report for XVA solutions 2021. Numerix had exceptional recognition in three RiskTech Quadrants in the report, namely Universal XVA Solutions, Contingent Credit and CVA Solutions, and Margin Analytics and MVA Solutions. Numerix’s placement in the XVA vendor quadrants comes on the heels of being ranked #10 overall in the Chartis RiskTech 100 and being named the individual award win for Best XVA Analytics.
“Many vendors claim their XVA solution is ‘real-time’ when it is only able to provide XVA calculations on an end-of-day or scheduled basis. Numerix’s performance-optimized XVA algorithms deployed via a cloud-optimized compute engine provide the fastest XVA analytics in the market,” said Steve O’Hanlon, CEO of Numerix. “Even the most compute-heavy XVA calculations such as XVA Greeks are available in real-time to support mission-critical trading and risk decisions, even in fast-moving markets. As an evaluation of vendors based upon the breadth and flexibility of their XVA systems and functionality, we are proud to have excelled across all of these categorizations.”
"xVA platforms are becoming more industrialized," said Sid Dash, Research Director at Chartis Research. "While methodological issues are still profound, engineering issues such as speed, latency and scalability are increasingly taking center stage."
Numerix Oneview for XVA leverages Numerix’s pioneering quantitative research in the XVA field. It is powered by cutting-edge derivative pricing and risk models, which enable the calculation of a wide range of XVA measures, including XVA sensitivities, for use in derivative pricing, dynamic XVA management, regulatory capital calculations and fair value accounting. Numerix Oneview for XVA has an agile, microservices architecture and can adapt to changes and updates rapidly to ensure users are always using cutting edge XVA analytics.
To learn more about Numerix solutions for pricing and risk management contact sales@numerix.com.
About Numerix
Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. Committed to out-of-the box thinking, the exploration and adoption of latest technologies, 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. For more about Numerix: www.numerix.com
About Chartis Research
Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech100®, RiskTech Quadrant®, FinTech Quadrant™ and The Risk Enabled Enterprise® are Registered Trade Marks of Infopro Digital Services Limited.