If you are buying technology, RFPConnect is the place to meet the companies
that are selling it. RFPConnect provides templates for buyers to issue Requests
for Information (RFIs), Reguests for Proposals (RFPs) and Requests for Quotations
(RFQs). The site also provides a searchable directory and database of technology
vendors across the full range of industrial, commercial, financial and public sectors.
If you are selling technology, RFPConnect is the place to showcase your applications
or consultancy skills in searchable directories and product databases. The site
also provides technology vendors with the opportunity to publish news releases about
version upgrades, mandates won and other news about the company. Last but not least,
the RFP Exchange is a source of new business opportunities in the private and public
sectors.
To register your organization and its products, click the Register Now link on the
right hand side of this page and follow the registration procedure. It will only
take a few minutes - but it could lead to millions of dollars.
Numerix was selected by Lehman Brothers Holdings Inc. (LBHI) to provide independent real time valuations in the large and comprehensive derivatives valuation project of its kind, to date.
The signing of Numerix is a critical step in unwinding LBHI’s derivatives book and the ultimate reconciliation of outstanding creditor claims. LBHI selected Numerix to accelerate the resolution of intercompany accounts and systems and resolve derivative claims.
The Numerix team of on-site financial engineers sit side-by-side with LBHI traders and risk managers and provide ad hoc, real-time valuation services along with software support and project management. Numerix is actively aggregating existing trade information from all of LBHI’s legacy systems onto a single platform – Numerix Portfolio – and providing independent valuations on the entire LBHI book. The selection of Numerix was approved by the U.S. Bankruptcy Court, Southern District of New York (Manhattan) in April of 2009.
"Lehman performed an extensive search to identify a partner that could provide the analytics and
technology capable to value the depth and breadth of derivatives products that were transacted in the
Lehman derivatives portfolios," says Daniel Ehrmann, managing director of Alvarez & Marsal and co-
head of LBHI’s Derivatives Asset Team. "It became clear that Numerix was best positioned not only to
provide LBHI with the valuations we need to resolve derivatives claims, but also to flex the market inputs and transaction terms to ensure that those valuations are reasonable."
“Numerix brings the best capabilities and focus to providing LBHI with a single platform and the analytics necessary for the ultimate resolution of its intercompany accounts and the integration of existing legacy systems. We are delighted to be partnering with the derivatives team on this important and exciting mandate,” says Steven R. O’Hanlon, president and COO of Numerix. *