Numerix, a provider of cross-asset analytics for derivatives valuations and risk management today announced the launch of its product – Numerix LiquidAsset- for Pricing OTC Derivatives and exchange traded deals. Built upon Numerix’s CrossAsset analytics, LiquidAsset is a function based Excel solution for valuation of the most common set of OTC derivative trade types.
“LiquidAsset presents Numerix with the ideal opportunity to gain access to a larger share of the market for pricing OTC derivatives and further secure its footing as the world’s premier pricing analytics provider,” said Numerix president and COO, Steven O’Hanlon. “The launch of LiquidAsset represents the culmination of both the time and intellectual capital Numerix has invested in this comprehensive product to cover “vanillas”—or commonly traded liquid instruments. We are excited to be in a position to offer our clients this expanded pricing capability.”