NumeriX Spins Off CompatibL

VENDOR UPDATE

PRINCETON, N.J.--Structured-product analytics vendor NumeriX will announce this week that it has spun off its application integration business unit under the name of CompatibL, which will be headed by NumeriX’s former chief technology officer (CTO) Alexander Sokol.

The spin-off will allow NumeriX to continue to focus on its core competency of developing structured product software and allow CompatibL to improve its integration capabilities, explains Sokol, who is the new company’s chairman and

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