For decades, Microsoft Excel has been the go-to tool for financial modeling and risk analysis in derivatives finance. However, as the industry evolves and complexity increases, Excel's limitations are becoming evident. This blog explores the industry's shift away from Excel toward advanced solutions like Python that meet the demands of modern finance with greater accuracy, scalability, and risk management capabilities.

 

The fragmented implementation of the Fundamental Review of the Trading Book (FRTB) across various jurisdictions is posing major challenges for global financial institutions. Dissimilar go-live timelines and rules are leading to inconsistencies in capital requirements and regulatory burdens-- all impacting risk management. Learn more about FRTB complexities and implications in this on-demand webinar, led by Numerix FRTB expert, Franck Rossi.

 

Raising capital is a critical endeavor within the finance industry that brings with it a complex web of paperwork. In this podcast, Jim Jockle, CMO of Numerix, interviews Rodney Reisdorf, CEO and Co-Founder of Verivend, dubbed the "Venmo of private capital.” This episode unpacks the integration of technologies like blockchain, artificial intelligence, and secure digital platforms that may revolutionize how we handle private market transactions.