Technology Awards 2023 – Most Innovative Solution

Most Innovative Solution

 

Numerix

Most Innovative Solution

Ilja Faerman

managing director of financial engineering

This win is a testament to Numerix’s vision of becoming the leading cloud-first, front-to-risk solution, empowering institutions with leading expertise in quantitative analytics and cutting-edge technology.

Numerix’s innovative approach continues to set new standards in private banking and structured products across Asia, ensuring that we remain at the forefront of the financial industry.

What was behind the judges’ decision?

  • Numerix impressed the judging panel at the Technology Awards with compelling and relevant examples of how their solution has improved workflows for structured products. The company showcased a specific case where it implemented real-time risk reporting, enhanced business margins, and reduced reliance on existing providers
  • Furthermore, Numerix made substantial investments in its solution during the evaluation period. It tailored improvements specifically for family office clients, offering them real-time access to portfolios through web dashboards that enable scenario analysis, margin impact assessment, and portfolio risk analysis
  • From a business development standpoint, Numerix has actively expanded its presence in Asia’s private banking and wealth management sector. During the presentation to Asian Private Banker‘s judging panel, the company effectively communicated several key client successes and case studies of their solution’s deployment

What we said

Asian Private Banker is proud to bestow upon Numerix its inaugural accolade of Most Innovative Solution in recognition of the vendor’s continuing efforts to invest and develop value-added solutions for its private banking and wealth management clients in Asia Pacific,” said Daniel Shane, editor of Asian Private Banker and chair of the Technology Awards judging panel.

“Among the key innovations that have been implemented by Numerix over the last year have been structured products workflow-related solutions for clients dealing in crypto assets, real-time portfolio management for family offices, and cloud computing technologies offering more compelling cost structures.”


Contact Us
All awards related enquiries to
candice.c@asianprivatebanker.com
+852 8191 7196