Numerix forms alliance with AG Delta to provide specialist Structured Products Solutions to Buy/Sell side firms in Asia Pacific
Numerix announced an alliance with AG Delta, a specialist service provider Capital Markets Trading & Risk consulting , custom development and outsourcing services to banks , securities companies and hedge funds. The alliance was premised upon the increasing requirements from the region’s buy/sell side firms to combine both robust pricing & quantitative risk analytics with specific markets domain expertise with a rapid custom solutions development capability.
Erdem Ozgul , Vice President Numerix, said: “Developments in the Structured Products Markets in Asia have experienced tremendous growth & complexity the past few years”
“Combining AG Delta’s proven track record & domain expertise in delivering complex and in many cases tailored OTC Derivatives Trading & Risk solutions to both Tier1 and Emerging Market buy/sell side firms, will position clientele in the region to fully realise the maximum benefits from the Numerix suite of Quantitative Analytics & Pricing Models.”
Andrew Au, Managing Director and Co-Founder at AG Delta, said: “ Among our clientele within both the developed and emerging markets – we have been seeing a common need to reduce time to market, developing rapidly within the on/offshore OTC Derivatives & Structured Products space. “
“ The alliance with Numerix will enable our clients to benefit from reduced time-to-market periods for new products. The transparency of the NX pricing models enable rapid deployment of customised analytics, internal model validation and calibration of market data to onshore/offshore derivatives markets. The open-ness of the system objects enable our consulting/development teams to rapidly build customised solutions for our clients – which include wholesale & private banks , securities companies and hedge funds.
About Numerix
More than 200 clients across 25 countries use NumeriX for derivatives pricing and valuation. NumeriX is the recognized leader in analytics for interest rate, credit, foreign exchange and equity derivatives. Financial institutions use NumeriX to design, price and manage risk of derivatives from common structures to exotic custom trades. NumeriX can be found at www.numerix.com
About AG Delta
AG Delta is a Capital Markets advisory specialising in providing Trading, Desk Level & Enterprise Risk Management business solutions to buy & sell side firms. Its clientele includes both Global Tier1 , Local Regional Banks , Securities Companies and Hedge Funds across the Asia Pacific. AG Delta can be found at www.agdelta.com and more information at www.agdelta.com/brochure.html