About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

NumeriX Releases Version 7.2 of its Solution, Expands Model Coverage

Subscribe to our newsletter

NumeriX has upgraded the platform underlying its solutions by introducing new functionality and greater model coverage. According to the provider of cross asset analytics for derivatives and structured products, NumeriX 7.2 includes additional capabilities for all asset classes covered and new models and functions for credit, inflation and hybrid derivative products.

The new NumeriX 7.2 functionality is available via NumeriX 7 in Excel and NumeriX Bloomberg Edition, the Excel-based version integrated with Bloomberg pricing data via the Bloomberg Professional Service. It is also available via NumeriX Portfolio, its trade capture and risk system and the NumeriX partner network of trading, risk and valuation systems, says the vendor.

The upgrade is in reaction to the increased industry focus on valuation systems and the requirement for what the vendor calls “analytic straight through processing”. This is defined by NumeriX as when financial institutions ensure best practices of utilising consistent analytics for pricing valuation and risk management throughout the lifecycle of a trade from the front to back office.

NumeriX president and COO, Stephen O’Hanlon, explains: “The current market environment has forced institutions to rethink the way they approach valuation and risk management from an enterprise perspective. As firms implement new pricing and risk policies, the use of consistent analytics is integral, as processes need to be uniform and repeatable from pre-trade to audit. The firms who take a hard look and re-evaluate their practices will be best positioned to weather the current volatility and prosper once the markets are healthier.”

Functionality within version 7.2 includes new pricing models for equity and foreign exchange continuous barrier options and new support for pricing loan credit default swaps (LCDS), index swaps and tranches. It also covers improvements for pricing synthetic collateralised debt obligations (CDOs) and collateralised loan obligations (CLOs), including new dynamic credit basket loss models for pricing forward starting CDOs and options on CDO tranches and support for calibration weights in the Heston model with time dependent coefficients.

NumeriX 7.2 provides support for several new models such as Equity Quanto and Heston, Cross-Currency LMM and FX European Option Analytics valuation methods, and features a number of performance upgrades, says the vendor. It also includes arbitrage free smoothing of equity and foreign exchange volatility surfaces, which the vendor claims allows traders to price deals and products that were previously very difficult to price due to irregular and inconsistent market data.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Streamlining trading and investment processes with data standards and identifiers

Financial institutions are integrating not only greater volumes of data for use across their organisation but also more varieties of data. As well, that data is being applied to more use cases than ever before, especially regulatory compliance and ESG integration. Due to this increased complexity of institutions’ data needs, however, information often arrives into...

BLOG

Reporting Seen Among Use Cases Benefiting from Cloud-based Data Management for AI

Artificial intelligence is being adopted by financial regulators at pace, putting pressure on the financial institutions that the overseers serve to double down on their reporting capabilities. It’s no surprise to find that the same AI that’s helping regulators can aid organisations in getting those reporting procedures in place. To do so, however, they need...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...