Numerix Oneview Named “Best Risk Management Platform” in 8th Annual FinTech Breakthrough Awards Program

Numerix, a leader in capital markets risk management technology, today announced that Oneview is the recipient of the “Best Risk Management Platform” award in the 8th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.

Numerix’s Oneview is a cloud-native SaaS platform that provides real-time market risk analytics, including what-if analysis, VaR calculations, advanced historical and Monte Carlo VaR, and stress testing. Its hybrid modeling generates consistent market scenarios while accounting for asset class correlations.

Oneviews’ analytics capabilities allow clients to accurately manage and explain risk with intraday to real-time RM capabilities. Clients can pay as they consume and optimize cost structure. The solution makes the regulatory model submission processes more efficient and transparent. Oneview also utilizes modern databases and BI tools, and includes NxDM (Numerix data management) services, offering cleansed market data.

“Oneview combines native cloud benefits and Numerix’s CrossAsset analytics, helping clients manage all capital market products across all asset classes accurately in real-time, while also offering significant cost savings. The main current challenges in risk management include cost pressures, high volatility and correlation risk,” said Steve Johansson, Managing Director, FinTech Breakthrough. “Congratulations to Numerix for demonstrating excellence with Oneview as ‘Best Risk Management Platform.’ The solutions’ cloud-native architecture offers scalability, elasticity, and cost savings that help their clients focus on the core business rather than on technology.”

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more.

“Our clients face mounting challenges including optimizing portfolio management decisions in volatile markets and cost-cutting regimes. These clients know superior analytics are a competitive edge for optimizing RM decisions. Oneview is the embodiment of our Front-to-Risk vision,” said Satyam Kancharla, Numerix’s Chief Product Officer. “We’re grateful for this recognition from FinTech Breakthrough. Numerix has made significant investments in Oneview and we will continue to enhance the solution to deliver complete analytics information from the portfolio level down to individual components.” 

Oneview’s most recent enhancements include a comprehensive PnL explain report, the augmenting of life-cycle management functionality, and enhancements to the related RFQ functionality to support structured products secondary market.

In addition to an enhanced UI offering optimized decision support, Numerix has expanded its market data service (NxDM) and expanded automation. Other upgrades include a richer UI for Value-at-Risk, sensitivity and scenario analysis/stress test calculations, as well as automated deployments to detect client trade drops, retrieve necessary market data, run calculations and deliver results. In addition, market data infrastructure has been developed to source, cleanse and normalize raw data.

About Numerix

About Numerix - Numerix is a 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. In 2023, Numerix acquired PolyPaths, a renowned provider of analytics and risk management solutions for financial institutions, and FINCAD, a leading analytics company in the pricing and risk analytics of financial derivatives and fixed income-products.

About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.