Financial Technologies Forum (FTF), owner of FTF News, has just announced the winners of the 2016 FTF News Technology Innovation Awards, noting that it had a record-breaking response with approximately 27,000 votes cast for 25 awards categories. Except for the Editor’s Choice award, the nominees and ultimate winners of the awards are selected by FTF… Read More >>
Vestmark Gets $30 Million Cash Infusion
Summit Partners Invests $30 Million in Vestmark Vestmark, a software as a service (SaaS) provider of unified wealth management solutions, recently closed a $30 million dollar investment from global growth equity investor Summit Partners, officials say. Vestmark officials say they will use the new funding to accelerate growth by increasing investment in sales, marketing, and… Read More >>
CloudMargin and Markit Move Valuation to the Cloud
CloudMargin to Feature Markit’s Portfolio Valuation Services The portfolio valuation services of Markit, a financial information services and systems vendor, will become available via CloudMargin, a cloud-based, collateral management software platform, say officials from both providers. The combine services are timed for upcoming requirements on initial and variation margin “within the BCBS IOSCO framework, set… Read More >>
Q&A with Numerix: Real-World Models Have Many Uses
(Editor’s note: Numerix, a vendor offering cross-asset analytics for derivatives valuations and risk management, recently announced that it has expanded real-world modeling coverage in the Numerix CrossAsset core analytics stack, part of the 12.5 release. The upgrade offers the new Hull-White 2-factor real-world interest rate model (HW2F RW), which supports calibration to a projection curve… Read More >>
Numerix Boosts System Performance via Intel Hardware
Numerix, a provider of cross-asset analytics systems, reports that running a key platform with the support of the Intel Threading Building Blocks (Intel TBB) Library has boosted performance and enabled Numerix users to write parallel programs that take full advantage of the chipmaker’s multicore capabilities. Through a strategic relationship, development teams at Numerix and Intel… Read More >>
TCorp to Use Numerix Analytics for Debt Services
New South Wales Treasury Corp. (TCorp) has gone live with enterprise analytics from Numerix for in-house debt interest forecasting and debt management services, say TCorp and Numerix officials. The latest Numerix implementation at TCorp, based in Australia, follows the firm’s usage of Numerix’s CrossAsset offering for debt risk management of client portfolios, officials say. With… Read More >>
FTF News Technology Innovation Awards 2015 — Special Edition
For the fifth year in a row, the FTF News Technology Innovation Awards 2015 honors the outstanding individuals and the leaders among financial technology product and service providers working to advance post-trade operations. We have chronicled this year’s winners in the special Awards Issue of FTF Focus magazine. This year’s award winners included technology and… Read More >>
Numerix: ‘We see the Melding of the Front, Middle and Back Offices’
(Editor’s note: Steven O’Hanlon, the CEO and president of pricing and risk analytics vendor Numerix, is the 2015 FinTech Person of the Year, selected by his peers as part of the FTF News Technology Innovation Awards. This is an excerpt from the profile that will be featured in the online magazine about the award winners… Read More >>
‘Numerix is drawn to the qualified employees of Ireland’
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, is expanding into Ireland and plans to open an office there and over the next three years to hire approximately 30 people with backgrounds in financial engineering and analytics development and legal and accounting professionals. The move will be made with the support… Read More >>
Numerix Expands in Brazil
Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, is expanding in the Latin American market with a new sales office in Sao Paulo, Brazil, that will help the vendor better serve firms working in Brazil’s diverse derivatives markets. The company also notes that “new derivative regulations [in the region are] impacting… Read More >>
