Reserve Bank selects Numerix trade valuation system

Release date
13 April 2016

The Reserve Bank has selected Numerix as its strategic partner for trade valuation and risk management analytics.

The Reserve Bank will use the Numerix Oneview system for risk pricing and risk analytics, market standard trade valuation, and position and collateral management.

Reserve Bank Deputy Governor Geoff Bascand said: “We’re improving our technology and analytics capability in our domestic and foreign market operations. For us the most important thing is to make real-time decisions based on comprehensive analytics, and the most up-to-date methodologies.”

Numerix Oneview will initially provide consistency of analytics across the Reserve Bank’s trading book, before being extended to provide enhanced liquidity management, collateral management and trade management.

Steven R. O’Hanlon, Chief Executive Officer and President of Numerix said: “Our vision for Oneview is fully consistent with the Reserve Bank’s strategy for transforming their analytics platform.”

About Numerix

Numerix is a leading provider of risk analytics technology for the pricing, structuring, modelling and valuation any derivative instrument, or portfolio. Numerix risk solutions enable global financial institutions to understand performance, analyse and anticipate future derivatives risks with unparalleled speed and accuracy.

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