Numerix introduces suite of trader applications

Steven R. O'Hanlon, President and COO, Numerix: "The Numerix trader workbook applications are our latest strategic offering that brings the power and flexibility of the Numerix CrossAsset platform to the front office and specifically targets traders and risk managers."

Numerix, the independent provider of cross-asset analytics for the structuring, valuation and risk analysis of derivatives and structured products, has introduced its suite of Numerix trader workbook applications - Numerix FX Trader, Numerix Rates Trader and Numerix Credit Trader. FX Trader and Rates Trader join the newly enhanced Numerix Credit Trader application which was launched earlier this year, with all three comprising the suite of Numerix workbook applications.

The Numerix trader workbook applications are the latest extension of the Numerix CrossAsset XL platform - Numerix's library of independent models and risk tools - that specifically targets traders, risk managers and other front-office professionals and provides them with the tools they need to manage a book of trades, monitor relevant market data and accurately value complex derivative deals.

Through a GUI interface within Microsoft Excel, this latest Numerix offering provides users with a set of pre-designed customized workbooks that are divided into three core categories: market monitors for tracking, monitoring and analyzing a book of trades; trade blotters for portfolio analysis; and risk monitors for conducting pre-trade analysis. Each workbook simplifies and accelerates the workflow associated with accurately valuing complex and single-name derivative strategies. Users can now define bespoke baskets of credit and FX derivatives on the fly and then combine them with standard baskets and hedges in the trade blotter to analyze the impact of a potential trade within an aggregated risk framework.

"The Numerix trader workbook applications are our latest strategic offering that brings the power and flexibility of the Numerix CrossAsset platform to the front office and specifically targets traders and risk managers," said Steven R. O'Hanlon, President and COO of Numerix. "With the full suite of Numerix trader applications at their disposal, credit, FX and interest rate traders and other professionals now have a specific set of asset class based tools that are ideal for evaluating and monitoring all types of complex trading strategies and risk exposure."