Parameta Solutions, the provider of OTC indicative and trade data, is partnering with Numerix, the global OTC analytics and derivatives pricing company, to develop automated, independent, fair valuations of OTC derivatives to market participants.
By bringing together Parameta’s OTC data alongside Numerix’s analytical capabilities, the partnership aims to provide a more effective way of valuing OTC derivatives. The collaboration follows the Bank for International Settlements recent data showing that the notional value of outstanding OTC derivatives rose to a record high of $632 billion last year.
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