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."
More from Sell Side Technology
Updating your subscription status
Voting now open -- WATERS RANKINGS 2013
Our 11th annual survey is now open and you get the chance to choose your best solutions and technology providers. Waters Rankings 2013 features 26 hotly contested awards - so have your say.
21 May 2013
21 May 2013
19 Jun 2013
27 Jun 2013
Complex, dated and unwieldy data infrastructure is not uncommon among even the most progressive companies in the world of finance. As financial regulations...
With the launch of a new legal entity identifier (LEI) looming, the financial services industry needs to get ready to ensure efficient and timely implementation...