Numerix Enables Clients to Tap Into Cloud Capacity for Complex Pricing

Denny Yu, Numerix

Derivatives pricing, valuation and risk management software vendor Numerix is enabling clients of its Numerix Portfolio valuation tool for pricing and hedging to access Microsoft’s Windows Azure cloud computing environment, to provide extra capacity for running compute-intensive risk and pricing models when their internal IT resources are already in use.

Portfolio is a client-server platform, with a set of APIs for capturing market data, and a user interface for front- and middle-office trading

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