Numerix and PKF Portugal partners
FREMONT, CA: One of the providers of cross-asset analytics for derivatives valuations and risk management, Numerix partnered with the accountant and business advisory firm PKF Portugal to offer pricing and risk analytics addressing a range of solutions.
The new partnership will focus on providing pricing and risk analytics to address a range of solutions including structuring and valuation for banking and insurance products, counterparty credit risk management and market risk management, including Fundamental Review of the Trading Book assessment and implementation. In support of dispute services they also offer solutions for EBA and ECB Stress Tests, comprehensive scenario analysis capabilities, profitability analysis and risk adjusted returns, as well as financial derivatives analytics. “Our analytics platform provides a flexible and transparent framework across all assets to support real-time risk to meet regulatory capital requirements,” says Steven O’Hanlon, CEO, Numerix.
“The final Fundamental Review of the Trading Book rules have introduced many questions in terms of technology infrastructure and data requirements, as well as challenges in terms of how the new market risk regime will impact capital requirements,” said O’Hanlon.
“We chose to work with Numerix not only for its deep library of market-tested pricing and risk models and extensive instrument coverage, but for its flexibility in risk managing complex derivatives, structured products and insurance products,” said José Gonzaga Rosa at PKF. “Through this partnership, PKF will have access to a full spectrum of highly specialized risk services to offer its clients, as well as the local knowledge and expertise to drive Numerix solutions throughout our region. We look forward to working together and building on this partnership.”
Founded in 1996, Numerix is the one of the leading providers of computational analytics software for the derivatives market supporting risk calculations, pricing and trading across all areas of the enterprise. With the industry’s broadest instrument coverage spanning cross-asset and hybrids, commodities, credit, equity, fixed income, FX, life and inflation solutions, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines.