Sell-Side Technology Awards 2015: Best Sell-Side Credit Risk Product — Numerix
Provider now goes for fourth straight.
With Numerix, picking out the exceptional work is a tough task—there is a lot of it. But it begins with the firm’s newly unleashed XVA framework covering the expansive series of valuation adjustments (CVA, DVA, FVA and KVA) that banks are now calculating for counterparty credit risk, the implementation of which involved a year-long reconfiguration of the infrastructure driving CrossAsset. The outcome, O’Hanlon says, will be the linchpin of Numerix’s ongoing effort to transform the way sell-side
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