Numerix Integrates with Cameron Tec for Structured Product RFQ System
Numerix has integrated its pricing and risk calculation engine with the FIX technology provided by Cameron Tec Group, to create a system for quickly responding to requests for quotes (RFQs) for over-the-counter structured products.
The process of managing RFQs from a client is often "slow and laborious," according to Jim Jockle, Numerix's New York-based chief marketing officer, and often involves a quant using Excel to do calculations.
Numerix's calculation engine can now be used to translate a
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