Numerix, xQuant Team on Chinese Equity Derivatives
New partnership to tackle derivatives valuation on the mainland.
xEQ supports equity derivatives business processes including pricing, risk analysis, trade execution, portfolio management, risk management and performance evaluation and is used by traders, risk managers, quantitative researchers and financial managers at all levels to manage an equity derivatives portfolio.
Using Numerix’s CrossAsset Integration Layer, Hangzhou-based xQuant is able to extend its powerful cross-asset analytics platform with custom interfaces, new models and sophisticated business logic. Through the new integration, xQuant will leverage Numerix calculations to create fully customized, robust financial applications for equity derivatives pricing, modeling and analyzing complex equity derivatives. Calendars, market conventions and fixing history are also provided via Numerix, enabling faster, more efficient model creation and analysis.
“As securities companies in China are eager to expand their businesses by introducing more equity derivatives into the market, this joint solution enables them to expand their businesses more efficiently and effectively," says Dr. Hang Xu, Chairman of xQuant. "In integrating Numerix market-tested models and methods into the full trading and risk lifecycle of our xEQ platform our users are able to better manage their equity derivatives portfolio with more precision and transparency, and achieve equity derivatives trading risk management of the whole process.”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Data Management
Breaking out of the cells: banks’ long goodbye to spreadsheets
Dealers are cutting back on their use of Excel amid tighter regulation and risk concerns.
BMO’s cloud migration strategy eases AI adoption
The Canadian bank is embracing a more digital future as its cloud strategy makes gains and it looks to both traditional machine learning and generative AI for further augmentation.
Waters Wrap: GenAI and rising tides
As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.
People Moves: NorQuant, Tradition, Duco, HKEx, SimCorp, Hazeltree, Xceptor, Broadridge, and more
A look at the past month’s people moves in the capital markets technology and data space.
Northern Trust building internal cloud data ‘marketplace’
Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.
FactSet looks to build on portfolio commentary with AI
Its new solution will allow users to write attribution summaries more quickly and adds to its goal of further accelerating discoverability, automation, and innovation.
How Ally found the key to GenAI at the bottom of a teacup
Risk-and-tech chemistry—plus Microsoft’s flexibility—has seen the US lender leap from experiments to execution.
The IMD Wrap: Beginning of the end for data audits?
This week, there’s exciting news for data bean-counters in the form of a partnership between two vendors that could change the way we view and track data usage and audits.
Most read
- Chris Edmonds takes the reins at ICE Fixed Income and Data Services
- Northern Trust building internal cloud data ‘marketplace’
- Northern Trust: Improving transparency across the asset servicing market