Numerix

NumeriX LLC
Limited liability company
Industry
Founded New York, NY 1996 (1996)
Founder Alexander Sokol, Nigel Goldenfeld, Mitchell Feigenbaum and Michael Goodkin
Headquarters New York, NY, United States of America
Number of locations
 16 offices (2014)
Area served
 Worldwide
Key people
 Gregory Whitten (Chairman of the Board), Steven O'Hanlon (President and CEO)
Products
  • Numerix Portfolio
  • Numerix CrossAsset
Revenue $56.4 million[1]
Website numerix.com
Footnotes / references
[2][3]

Numerix is an American limited liability company that develops software for risk analysis of financial derivatives. The company was founded by Alexander Sokol, Nigel Goldenfeld, Mitchell Feigenbaum and Michael Goodkin in 1996 and is headquartered in New York City with eighteen offices worldwide.

It received a major investment from Greg Whitten who invested an additional USD 32 million in 2001.[4]

Numerix provides software for financial services companies that analyzes the risk associated with various types of assets, including derivatives. Approximately 400 clients in 25 different countries use software developed by Numerix for risk analysis.[5] Customers include the Nomura Research Institute, Bloomberg L.P., RiskVal, MathWorks, Markit etc.[6] Markit have academic partnership with academic institutions in US like Baruch College, Rutgers University, University of Chicago, University of California - Berkeley and across the globe like Fudan University - China, University of Technology - Sydney, and Hong Kong University of Science & Technology.[7]

Competitors

Numerix’ direct competitors are Fincad, SunGard-FastVal, Quantifi and Pricing Partners a Thomson Reuters company.

References

  1. ↑ "Numerix inc profile". Inc 5000. 2013.
  2. ↑ "Company Overview of Numerix LLC". BusinessWeek. Bloomberg. Retrieved June 28, 2012.
  3. ↑ "Numerix LLC". InsideView. Retrieved June 28, 2012.
  4. ↑ "Former Microsoft executive invests US$32 million in NumeriX". PRNewsWire. 2001.
  5. ↑ Pullar-Strecker, Tom (June 26, 2012). "Cloud computing 'lifts small firms' firepower'". Business Day. Fairfax Media. Retrieved June 28, 2012.
  6. ↑ "Numerix Partners". Numerix. Retrieved June 28, 2012.
  7. ↑ http://www.numerix.com/partner-listing


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