Provider of cross-asset analytics for derivatives valuations and risk management Numerix has unveiled the updated version of Numerix CrossAsset with new structuring capabilities for over-the-counter (OTC) derivatives and structured products. The CrossAsset Version 9.6 will address the growing demand for hedging dividends and the increasing need for commodity futures and forwards.
Numerix PaymentStreams offers a user-friendly approach to structuring derivatives, helping finance professionals who may not be familiar with payoff scripting. PaymentStreams offers a new structuring approach for complexities that can arise in OTC derivatives, such as introductory periods and a changing payoff formula. Numerix has also rolled out User Defined Objects to speed up deal and data integration into proprietary and partner trading and risk systems.
Click here for the release from Numerix.