The global consultant will incorporate risk and pricing valuations into its risk management suite.
Consultancy Everis has added pricing and risk analytics from Numerix to its risk management product suite in order to maximize the performance, precision and robustness of operational risk and regulatory capital calculations under Basel III.
Through the risk management product suite, which is comprised of Everis Operational, Aggregation, CurveFitting and Risk-Based Pricing modules, Everis clients can leverage 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, risk-based pricing and an 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," says 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."
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