Cross-asset pricing models and risk management provider Numerix, has reached an agreement with S&P Capital IQ, a provider of multi-asset class research, data and analytics, to expand the pricing capabilities of S&P Capital’s Portfolio Risk solution.
As part of the multi-year partnership deal, Numerix’s pricing models have been leveraged into the risk and portfolio analytics that S&P Capital IQ bought with R2 Financial Technologies in 2012; and its libraries will now be used within S&P Capital IQ’s Portfolio Risk solution.
“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,” said Steven R. O’Hanlon, chief executive at Numerix.
The portfolio risk solution offers a fully integrated data and analytics platform, eliminating the need to invest in separate data to run risk systems, as well as giving users the ability to use interactive portfolio dashboards to aggregate data or drill down to the most detailed level of fundamental financials and research.
“Leveraging the Numerix libraries, we’re able to provide more transparent and market-consistent valuations as part of the Portfolio Risk solution,” said Dan Rosen, managing director, S&P Capital IQ. “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.”
Numerix’s cross-asset library comprises a comprehensive collection of specialised models and methodologies, and the Portfolio Risk solution covers a diverse range of asset classes from cash, fixed income and equities to exotic derivatives.