Numerix Unveils Expansionary Plans for Brazilian Office

Monday, 12/05/2014 | 14:59 GMT by Jeff Patterson
  • Numerix, a leading provider of structured products across several asset-classes, has announced its expansion into South America, culminating in a new office in one of the region’s financial hubs, São Paulo, Brazil.
Numerix Unveils Expansionary Plans for Brazilian Office
numerix

Numerix, a leading provider of structured products across several asset classes, has announced its expansion into South America, culminating in a new office in one of the region’s major financial hubs, São Paulo, Brazil, according to a Numerix statement.

Numerix specializes in a variety of products, including derivatives, fixed income, foreign exchange, credit and commodities. The company has also partnered with other firms to expand into such regions as Turkey and Eastern Europe in recent years – it is best known for its CrossAsset Analytics platforms and solutions suite. The move into Latin America should help drive an already expanding client base in Brazil, whilst also capitalizing on opportunistic regulatory changes sweeping the country itself.

Morphing Brazilian Market Presents Opportunistic Expansionary Climate

brazil

According to Steven R. O'Hanlon, Chief Executive Officer & President of Numerix, in a recent statement on the expansion, "Today's market is not only about compliance, but being able to recognize imbedded opportunity in regulatory changes while minimizing operational and outsourcing costs. As the appetite for more diverse derivatives products grow, and firms seek to expand into the Brazilian COE market, Numerix's cross-asset analytics platform provides the advanced pricing capabilities needed to produce market consistent valuations with better Risk Management and faster time to market."

Indeed, Brazil has been faced with a variety of new regulatory standards, namely for derivative instruments and risk management. However, this process is far from complete and has created a favorable atmosphere for firms such as Numerix, that seek to culture new client bases parallel to ongoing compliance measures.

numerix

Numerix, a leading provider of structured products across several asset classes, has announced its expansion into South America, culminating in a new office in one of the region’s major financial hubs, São Paulo, Brazil, according to a Numerix statement.

Numerix specializes in a variety of products, including derivatives, fixed income, foreign exchange, credit and commodities. The company has also partnered with other firms to expand into such regions as Turkey and Eastern Europe in recent years – it is best known for its CrossAsset Analytics platforms and solutions suite. The move into Latin America should help drive an already expanding client base in Brazil, whilst also capitalizing on opportunistic regulatory changes sweeping the country itself.

Morphing Brazilian Market Presents Opportunistic Expansionary Climate

brazil

According to Steven R. O'Hanlon, Chief Executive Officer & President of Numerix, in a recent statement on the expansion, "Today's market is not only about compliance, but being able to recognize imbedded opportunity in regulatory changes while minimizing operational and outsourcing costs. As the appetite for more diverse derivatives products grow, and firms seek to expand into the Brazilian COE market, Numerix's cross-asset analytics platform provides the advanced pricing capabilities needed to produce market consistent valuations with better Risk Management and faster time to market."

Indeed, Brazil has been faced with a variety of new regulatory standards, namely for derivative instruments and risk management. However, this process is far from complete and has created a favorable atmosphere for firms such as Numerix, that seek to culture new client bases parallel to ongoing compliance measures.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
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