Numerix opens Mid-West and West Coast sales offices

Steven R. O’Hanlon, President and COO, Numerix

“I am confident in our team’s ability to achieve the goals and strategic objectives that we have set in place for them.”

Numerix, the provider of cross-asset analytics for derivatives valuations and risk management, has announced the opening of two North American regional sales offices in Chicago, Illinois and San Mateo, California.

The new offices and strategic hires create an immediate sales presence for Numerix on both the West Coast and in the Mid-West region. The sales teams will be tasked with selling Numerix's risk management, pricing/trade capture and insurance products and services to asset management, financial services and Life Insurance companies within the regions. Numerix offers clients a highly flexible and fully transparent framework for the pricing and risk analysis of any type of OTC derivative financial instrument. From vanillas and "semi-exotics" to bespoke derivatives, structured products and variable annuities, Numerix allows users to calculate prices, manage risk and perform Economic Scenario Generation (ESG) analysis using any data set.

"With the addition of our regional mid-west and west coast sales presence, we now have the total coverage and industry experience in place to drive sales and accelerate our position in these two important regions for Numerix," said Steven R. O'Hanlon, President and COO of Numerix. "I am confident in our team's ability to achieve the goals and strategic objectives that we have set in place for them."