Numerix Releases LiquidAsset 2.0

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New York-headquartered Numerix has also added pricing for inflation-linked instruments.

Numerix has announced the 2.0 release of its LiquidAsset product, which extends coverage of pricing for liquid over-the-counter (OTC) derivatives.

The new release includes commodity coverage, multi-curve pricing, volatility asset class coverage, risk analytics and pre-packaged market conventions. It can be integrated directly into Excel or another platform using a software development kit (SDK). LiquidAsset has been built on the Numerix CrossAsset platform.

"With LiquidAsset we're able to bring our powerful, market leading analytics to a wider group of sophisticated market participants, including hedge funds, investment managers, fund administrators, corporate treasuries and commodity traders," says Steve O'Hanlon, president and COO at Numerix. "By incorporating market-tested, proven derivative models into simple, well designed derivative pricing and utility functions; LiquidAsset can grow with the specific trading and valuation needs of any derivative market participant, helping them to adapt to today's increased demand for accountability and transparency."

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