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Numerix Signs Deal On Mexican Derivatives Market
Published on 18 Feb 2010

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Numerix has been selected to provide REMATE, a specialized Interdealer firm active in Mexican foreign exchange and interest rates markets, with interest rate option pricing models, risk analytics and volatility calculations through its Numerix Rates Trader – trading application.

Numerix’ Rates Trader application will provide traders on REMATE’s volatility desk with advanced ricing,
volatility calculations and analytical capabilities for related local Mexican TIIE (interbank equilibrium interest rate) IR caps / floors and swaptions.

Launched as part of a suite of trading applications in December 2009, Numerix Rates Trader streamlines
the process of evaluating various trading strategies and monitoring risk exposure for portfolios of vanilla IR derivatives. With Numerix Rates Trader, REMATE traders can easily capture, monitor and analyze a book of IR trades and relevant market data.

"The Mexican derivatives markets are a recognized growth area for Numerix and we look forward
to helping REMATE further establish its presence and expertise across the region," says Steven R. O`Hanlon, President and COO, Numerix. *


Tags
Vendor name: Numerix
Buyer name: REMATE
Product name: Numerix Rates Trader
Product type: Connectivity | Credit Risk | Derivatives | Market and Reference Data | Market Risk | OTC Derivatives | Portfolio Management | Reporting | Risk Management | Trading Systems

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