Numerix Opens Taiwan Presence

Analytics provider Numerix has announced the opening of a new office in Taipei, Taiwan.

The new location is in addition to its existing facilities in the Asia-Pacific region, including branches in China, Hong Kong, Japan, South Korea, India and Australia. The office will support clients with incoming regulatory requirements such as Basel III and other mandates.

"I'm pleased to announce the opening of our new Taiwan office which is a testament to our recognized analytics expertise, market leading position and expanded business in Asia. Numerix is proud of the innovation and world-class solutions we've brought to this region helping to solve today's complex valuation and risk management challenges," says Steven R. O'Hanlon, president and COO at Numerix. "We see great potential for further expansion in Taiwan especially as domestic banks in the region require faster, more accurate pricing and risk analytics to meet new business and regulatory requirements."