CubeLogic partners with industry leading analytics provider – Numerix
London, Houston, Singapore, Bangalore and Berlin, Monday 29th April 2019 – CubeLogic, the market leading provider of Business Intelligence enabled Enterprise Risk Management solutions announces their partnership with innovative capital markets analytics provider, Numerix.
Numerix’s market leading multi-asset class pricing and risk analytics will further enhance the RiskCubed suite of solutions with fully managed APIs for seamless integration into the RiskCubed data model, workflow, on-the-fly analytics, reporting and visualization. Numerix is a well-established provider in the market with a 20+ year foundation and renowned for their leading-edge solutions for pricing, market risk, credit risk, XVA and FRTB.
Karl Sees, MD, Financial Services comments, “Clients are increasingly looking to reduce the cost of complexity associated with Enterprise Risk Management (ERM) systems. Our RiskCubed suite has been addressing this through its single data model, emphasis on tightly integrated risk components and a ten-year strong Business Intelligence ethos that enables seamless visualization and reporting. Now we are proud to announce this exciting partnership with Numerix. Not only will clients benefit from best-in-class analytics, but they can also leverage our RiskCubed in the Cloud SaaS offering to reduce TCO and operational complexity. We are already seeing significant interest as a result of this initiative.”
Elaine McKiernan, Senior Vice President, Global Business Development for Numerix comments, “As the industry’s leading provider of sophisticated pricing and risk analytics, Numerix’s comprehensive model library is renowned for being able to price any conceivable instrument using the most advanced calculations. It’s the richness of our cross-asset analytics that makes Numerix the ideal partner to complement CubeLogic’s Enterprise Risk Management and business intelligence solutions, especially for the delivery of timely risk analysis, sophisticated workflow and business logic to mitigate counterparty exposure on trading activity across the financial services sector. We are proud to support CubeLogic’s efforts and look forward to continued collaboration.”
Lee Campbell, CEO of CubeLogic concludes, “We as a firm are on a mission to continually improve and provide the most innovative and reliable risk management solutions to the market. This is not only demonstrated through our new partnership with Numerix, but also was recently bolstered by the acquisition of Ferdec, adding award-winning trade surveillance, and our CreditExpress fully configured fast-track implementation methodology. In today’s crowded market we need to be agile in response to client demands and make sure we are constantly showing them new ways to manage their risk. The only way to do this is to create an ecosystem of best of breed providers and Numerix analytics are a great addition to the CubeLogic offering.”
CubeLogic is the leading supplier of business intelligence enabled risk management solutions for all energy, commodity and financial markets exposures arising from market risk, credit risk, liquidity risk and regulatory compliance. CubeLogic’s founders are renowned experienced industry specialists who have an impressive track record of developing and implementing global risk IT solutions. In the current volatile market conditions, CubeLogic addresses the increasing demand for robust, cost effective Business Intelligence solutions for risk management.
Numerix is the leading provider of innovative capital markets technology solutions and real-time intelligence capabilities for trading and risk management. Committed to out-of-the box thinking, the exploration and adoption of latest technologies, Numerix is dedicated to driving a more open, fintech oriented, digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability.
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