Digital Network ATMonitor Cooconnect kpi Venommedia

Why register?Login

Forgot your password?
On our website you can find 6026 products from 3170 companies
Announce your products/ services on RFPConnect.com! Listing Costs £250 per/year « Get listed today! »
For Advertisers and Sponsors

Featured Vendor

ARQA Technologies

Featured Product

ARQA is a part of a global structure, that connects a broker`s technological area with technological areas of exchanges and trading platforms.

Company offers the complete line of products — front-to back solutions for automation of front, middle and back office operations.

Visit Vendor Page
Search our directory to find the right company to meet your enterprise technology needs

Mandate Monitor

Sign up for a daily Newsletter

We're constantly updating RFPConnect.com with the latest news and research from hundreds of leading technology vendors.
Sign Up to our e-mail alert service to stay up to date.

RFP News

Numerix Contributed To Northern Trust`s Valuation Strategy
Published on 07 Jan 2010

logo

Northern Trust has enhanced its platform for processing over-the-counter (OTC) derivatives to provide daily independent pricing for structured products and other bespoke instruments.

The expanded capabilities, including transparency reporting for OTC instrument types, were developed through a strategic alliance with Numerix. The enhancements allow Northern Trust to independently price exotic OTC derivative instruments and provide clients access to the mathematical model, calibration techniques and market data components of the pricing process to enable fully transparent reporting.

Specifically focused on hedge funds, investment managers and institutions requiring daily independent pricing for structured products, these capabilities are delivered to clients globally through Northern Trust`s integrated derivatives processing platform. In addition, Numerix financial engineers work alongside the derivative pricing teams at Northern Trust operation centers throughout the globe to provide clients with access to the highest level of valuation support.

"Derivatives perform critical functions for investment managers and institutional investors, and our global alliance with Numerix brings a range of valuation capabilities and depth of knowledge to help our clients exercise greater control over valuation of these assets while meeting the standard for transparency demanded by sophisticated investors," says Peter Cherecwich, chief operating officer for Corporate & Institutional Services at Northern Trust.

"Through this alliance, Northern Trust will offer its clients the benefits of independent valuations, innovative transparency reporting and access to expertise that is unrivalled in the industry," says Steve O`Hanlon, CEO/President at Numerix. *


Tags
Vendor name: Northern Trust
Product type: Asset and Liability Management | Derivatives | Market Analysts | Market and Reference Data | Market Risk | OTC Derivatives | Reporting | Risk Management

0 comments Post Comment plus

LATEST News