Numerix is the leading provider of innovative capital markets technology applications and real-time intelligence capabilities for trading and risk management. Committed to out-of-the box thinking, the exploration and adoption of latest technologies, Numerix is dedicated to driving a more open, fintech oriented, digital financial services market. Built upon a 20+ year analytical foundation of deep practical knowledge, experience and IT understanding, Numerix is uniquely positioned in the financial services ecosystem to help its users reimagine operations, modernize business processes and capture profitability. For more information, please visit www.numerix.com
CompatibL is a leading award-winning provider of custom software development services, market and credit risk solutions and model validation consultancy for the financial industry. We provide a unique blend of quantitative and engineering expertise combined with an award-winning risk platform.
Our customers are some of the most respected firms in the financial industry including four major derivatives dealers, 3 supranationals, over 25 central banks, and 3 major financial technology vendors.
CompatibL was founded in 2003 by Alexander Sokol, winner of the Risk Quant of the Year Award and a seasoned technology executive who, prior to founding CompatibL, was founder and CTO of Numerix. Alexander continues to serve today as CompatibL’s Executive Chairman.
Today, CompatibL employs over 300 people whose only focus is trading and risk management.
At Yields.io, we have created Chiron, an award-winning data science platform for enterprise model risk management. With Chiron, we are living up to our mission to embed trust in an algorithm-driven world.
Clients use Chiron across all three lines of defence to standardize testing and generate regulatory compliant documentation. This approach increases operational efficiency, leading to lower costs, faster time to market and more collaboration between teams.
The key features of Chiron include:
- the automation of repetitive analyses so that model risk managers can focus on their SME tasks
- the creation of reproducible model documentation and validation reports
- keeping track of the links between data, analytics, model versions and reports
- monitoring model quality evolution over time
Chiron is operational in global tier 1 banks and has won the Model validation service of the year award of Risk.net in both 2019 and the 2020 award.
Milliman’s Cyber Risk Solutions (CRS) focuses on quantifying and analyzing operational risk in ways that overcome the limitations of frequency severity modeling and the need to rely on historic loss data. Using our solution, we are able to quantify risk in financial terms and show the impact of business decisions. Milliman CRS has applied this approach across the operational risk spectrum, including; cyber, conduct, vendor, reputational, climate, disgruntled employee, etc. We understand where some models that quantify risk are beginning to fail and how decision makers can take actionable steps to mitigate financial losses.