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

Yuanta Financial Holdings Selects NumeriX Excel for Valuations and Risk Management

Subscribe to our newsletter

Yuanta Financial Holdings has deployed NumeriX Excel within its risk department to provide analytics and pricing for derivatives and structured products. Via the implementation of the solution, the Taiwan-based firm hopes to more accurately price and calculate mark-to-model prices as well as measure the risk for these products, says Connie Lin, chief risk officer at Yuanta.

According to the vendor, Yuanta now has access to the industry standard analytics and models of NumeriX 7.2 to accurately price financial products across all asset classes. Moreover, Yuanta is also planning to extend the relationship with NumeriX to manage and monitor risk exposure across its entities.

Lin explains: “We chose to embed NumeriX tools within our organisation in order to help our entities better manoeuvre the volatility in the market today. We are delighted to see that the applications are easy to use and the support specific to Asia is critical to our success in managing risk in today’s market.”

Steven O’Hanlon, president and chief operating officer at NumeriX, adds: “As Taiwan and the APAC region’s derivatives market has matured, it is critical that investment organisations have the capabilities to closely monitor risk exposure internally for pricing of these complex products.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be executed effectively. At the top of the list is regulatory compliance. Regulators demand a...

BLOG

Softwire QnA: Turning Great Ideas into Data Solutions for Institutions

UK-based Softwire offers its financial institution clients expertise in leveraging data to achieve their operational objectives. Data Management Insight spoke to Sean Judge, Softwire Client Director FS&I to find out more about the company. Data Management Insight: Hello Sean. Can you tell us when and how was Softwire created and how does it serve financial institutions? Sean Judge: Softwire...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Best Practice Client Onboarding

Client onboarding is central to the success of banks, yet it continues to present challenges and the benefits of getting it right are difficult to achieve. The challenges arise from siloed systems, manual processes and poor entity data quality. The potential benefits of successful implementation include excellent client experience, improved client acquisition and loyalty, new business opportunities, reductions in costs, competitive advantage, and confidence in compliance.