everis joins Numerix Partner Program
First Published 25th April 2012
everis enhances Risk Management Product Suite with Numerix cross-asset analytics
Steven R. OHanlon, President and COO, Numerix
"Chief Risk Officers, Quantitative Analysts and Actuaries will leverage and benefit from this dynamic partnership."
New York - Numerix, the provider of
cross-asset analytics for derivatives valuations and risk
management, and everis a multi-national consulting company, have
announced that everis has joined the Numerix Partner Program to
offer Powered by Numerix™ pricing and risk analytics within
the everis Risk Management Product Suite. This suite provides
banks and insurers a complete risk and capital management
solution comprised of everis Operational, Aggregation,
CurveFitting and Risk Based Pricing modules.
everis clients can now leverage key Numerix functions such as cross-asset analytics, Monte Carlo simulation, random number generation, correlations estimation and date functions. These features enable scenario analysis and validation, flexible modeling, enhanced risk based pricing and a fully integrated risk aggregation and curve fitting process.
"The integration of key features and benefits from the market leading Numerix CrossAsset analytics platform has elevated the foundation of our core risk offering and enabled us to deliver a more robust pricing and risk solution to our clients," said Rafael Cavestany Head of Risk Management Consulting at everis. "Integral to the solution is the ability to seamlessly bring together data management, modeling, simulation, capital calculation and reporting."
"The integration of Numerix analytics into everis offerings gives clients maximum modeling flexibility and calculation power for structuring, pricing and analyzing any derivative or structured product from vanillas to the most exotic deal type," said Steven R. O'Hanlon, President and COO of Numerix. "We look forward to the new and innovative ways Chief Risk Officers, Quantitative Analysts and Actuaries will leverage and benefit from this dynamic partnership."