Inc. magazine ranked Numerix No. 2494 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at America’s top independent entrepreneurs and celebrates their innovation, resilience and tenacity. Numerix joins winner Unified Payments, Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
“The past three years have been an extraordinary period of growth for Numerix in spite of the challenging economic and regulatory landscape our customers and partners have had to face across the derivatives and finance industry,” said Steven R. O’Hanlon, President & COO of Numerix. “Driven by a number of corporate and strategic objectives the company worked hard to identify and execute, Numerix successfully achieved its goals while overseeing the rapid global expansion of Numerix risk management products into new business segments.”
He continues: “As a customer driven company, Numerix effectively leveraged its analytics both standalone and inside pricing, valuations and risk software products better serving the diverse needs of today’s sophisticated financial institutions. Our acceptance of this honor demonstrates the Numerix commitment to risk management and analytics, helping customers to effectively manage, monitor and report on valuations and complex risk exposures for their entire range of portfolios across all asset classes on one consolidated platform.”
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.