NumeriX is promising that the fifth version of its platform will offer the ability to rapidly structure complex deal types, either as Excel add-in libraries or as part of an integrated solution within a trading or risk management system.
The company also said that its scripting language would allow traders, structurers, quantitative analysts and portfolio managers to define complex derivative structures and price them with a wide variety of models.
The platform will also offer seamless pricing, risk management and scenario analysis to keep users in control of their risks in fast changing market conditions.
We help customers stay well ahead of the curve by building products that are technologically innovative. NumeriX Pro 5.0 is the culmination of 10 years experience working with dozens of banks and securities firms, said Dr Gregory Whitten, NumeriX CEO.
As we do with vanilla analytics, NumeriX also makes exotics easy to use, easy to integrate and easy to justify.
