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NumeriX and Xenomorph Reduce Time-to-Market for Complex Derivatives.

Publication: Business Wire
Publication Date: 19-MAR-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Combination of technologies will power pricing and risk management

NEW YORK -- NumeriX, the leading analytics player in derivatives pricing software, announced today a technology partnership with Xenomorph, the leading provider of cross-asset data management solutions. The partnership will help customers in the financial services industry reduce a trade's time-to-market and control operational and model risk through stronger data management and access to accurate pricing for exotics and derivatives.

In order to gain competitive advantage, financial services institutions (FSIs) must quickly develop and take to market complex new financial products. A vital...

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