S&P Capital IQ Leverages Numerix Analytics to Provide Best-in-class Instrument Pricing within its Next Generation Risk and Scenario Analytics Solution
Numerix, a leading provider of cross-asset analytics for derivatives valuations and risk management, and S&P Capital IQ a leading provider of multi-asset class research, data and analytics, today announce a new partnership agreement. As part of a multi-year partnership deal with Numerix, its advanced pricing models have been leveraged as part of the risk and portfolio analytics that S&P Capital IQ bought with R2 Financial Technologies in 2012. Extending that relationship to S&P Capital IQ, the Numerix libraries will now be used within S&P Capital IQ’s Portfolio Risk solution. The new offering adds a hosted solution to S&P Capital IQ’s already successful portfolio and risk analytics software solution.
The Portfolio Risk solution offers a fully integrated data and analytics platform, eliminating the need to invest in separate data to run risk systems. In addition, it gives users the ability to use interactive portfolio dashboards to aggregate data or drill down to the most detailed level of fundamental financials and research, enhancing understanding of impacts of potential changes on P&L at an actionable level. By leveraging the Numerix CrossAsset library comprised of the industry’s most comprehensive collection of specialized models and methodologies, the Portfolio Risk solution covers a diverse range of asset classes from cash, fixed income and equities to exotic derivatives.
“Through the terms of the partnership we’re able to extend the capabilities of S&P Capital IQ’s Portfolio Risk solution – providing state-of-the-art cross-asset analytics and advanced pricing models for comprehensive product coverage. We’re excited about the expansion of our relationship and look forward to our continued work together,” Steven R. O’Hanlon, Chief Executive Officer and President of Numerix comments.
“Numerix has become the global, market leader for cross-asset pricing models and analytics. Leveraging the Numerix libraries, we’re able to provide more transparent and market-consistent valuations as part of the Portfolio Risk solution,” Dan Rosen, Managing Director, S&P Capital IQ. “We are very happy to extend our relationship with Numerix to include the latest version of our portfolio and risk analytics. Portfolio Risk delivers a combination of superior analytics and deep market data with communication and collaboration tools that puts a whole new level of decision making capabilities in the hands of portfolio and risk managers.”