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Swedish bank chooses cross-asset analytics platform from Numerix.

Swedbank Chooses Numerix CrossAsset Platform

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Cross-asset platform provides framework for structuring, pricing and managing complex derivatives and structured products.

Nordic banking group Swedbank has chosen Numerix CrossAsset for its derivatives valuations and risk management analytics.

The cross-asset platform provides a framework for structuring, pricing and managing complex derivatives and structured products.

"With Numerix, Swedbank is able to manage and report pricing and risk for complex structures," says Mats Ihrlund, chairman of the valuation steering group of Swedbank. "By implementing Numerix analytics and utilizing its models and methods library we're able to reduce operational risk and external valuation costs across the bank."

 

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