Numerix
Numerix is a private capital markets technology provider offering quantitative analytics, pricing, and risk management software for derivatives, fixed income, structured finance, and convertible securities. It serves 550+ financial institutions globally across front-office, risk, and back-office functions.
- Company typePrivate
- Founded1993
- HeadquartersNew York, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Numerix does
Numerix is a privately held capital markets technology provider founded in 1996, delivering quantitative analytics, pricing, and risk management software to more than 550 financial institution clients across 52 countries. The company serves investment banks, asset managers, hedge funds, and insurance companies through an enterprise platform that spans front-office trading, risk management, back-office operations, and quantitative research functions across derivatives, fixed income, structured finance, convertible securities, and life insurance annuities.
The technology stack is built around three integrated layers: the Oneview family of enterprise risk applications (market risk, XVA, counterparty credit risk, and trading); the NxCore cloud-based analytics infrastructure including Analytics Services, Workspaces IDE, and a Python SDK; and the CrossAsset analytics library covering all major asset classes. The platform incorporates 40+ proprietary capital market models — including Libor Market Model (LMM), Bates model, and Credit Transition Models (CTM) — and supports regulatory frameworks such as Solvency II, IFRS 17, GAAP, US statutory, MiFID II, and PRIIPs. Acquired brands (FINCAD, PolyPaths, Kynex) have been retained and integrated to extend asset class coverage and historical data assets.
Numerix generates revenue primarily through enterprise software licenses on annual subscription terms, with additional revenue from professional services for model validation and implementation consulting. The go-to-market relies on direct enterprise field sales supported by a 90-partner ecosystem, thought leadership content, webinars, and industry events. The company is backed by private equity firm Genstar Capital following its August 2022 acquisition, which has funded a roll-up acquisition strategy that brought in PolyPaths (February 2023), FINCAD (April 2023), and Kynex (October 2024). The company holds SOC 2 Type II and ISO 27001 certifications and maintains offices in New York (headquarters), Frankfurt, Hong Kong, Shanghai, and Singapore.
Numerix firmographics
Firmographics- Name
- Numerix
- Legal name
- Numerix LLC
- Website
- https://numerix.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Numerix is a private capital markets technology provider offering quantitative analytics, pricing, and risk management software for derivatives, fixed income, structured finance, and convertible securities. It serves 550+ financial institutions globally across front-office, risk, and back-office functions.
- Ownership category
- akta.pro rank
Numerix industry classification
Industry- Product category
- Capital Markets Risk Management Software
- NAICS
- Software Publishers (5132)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Collateral, Lien & Asset Valuation Platforms (Auto, Equipment, Real Estate) (FSAGAHAG)
Keywords
Where Numerix is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Numerix business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Enterprise Software Licenses: Numerix provides enterprise software solutions for trading, risk management, and analytics to financial institutions. The revenue model involves licensing the software platform along with implementation and support services. Clients include investment banks, asset managers, hedge funds, and insurance companies globally.
- Product Trials and Evaluations: Free trials offered for products like Fincad Analytics Suite (14-day free trial), enabling financial institutions to evaluate the platform before committing to enterprise licenses.
- Analytics Services: Quantitative analytics services including model validation, implementation consulting, and specialized analytical support for derivatives and fixed income valuation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise deployment with full platform access |
| Freemium | Pay-as-you-go | 14-day free trial for evaluation |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Numerix product offering
Product offeringCore offering
Numerix develops and licenses an enterprise capital markets technology platform for pricing, risk management, and analytics of derivatives, fixed income, structured finance, and convertible securities. Its offerings include the Oneview enterprise risk platform, the CrossAsset analytics library, NxCore cloud analytics infrastructure, and the FINCAD, Kynex, and PolyPaths acquired brands, sold via enterprise licenses to financial institutions globally.
Product overview
Numerix offers a comprehensive capital markets technology platform consisting of multiple integrated products. The core offerings include the Oneview family (for Market Risk, XVA, Counterparty Credit Risk, and Trading), the NxCore platform (Analytics Services, Workspaces, and Python SDK), and CrossAsset analytics library. The portfolio is enhanced through acquired brands: FINCAD Analytics Suite (derivatives and fixed income analytics), Kynex Core Analytics (convertible bond analytics), and PolyPaths (fixed income and ALM solutions). The Numerix Economic Scenario Generator provides stochastic simulation capabilities. Products support Front Office & Trading, Risk Management, Back Office & Operations, Quants & Actuaries, and FinTech & Consultants across 52 countries with 550+ clients.
Differentiator
Problem solved
Functional benefit
Brands
- CrossAsset: Numerix's flagship analytics platform for pricing and risk management across OTC derivatives, fixed income, structured finance, and other asset classes.
- Oneview
- NxCore
- FINCAD Analytics Suite
- Kynex Core Analytics
- PolyPaths
- Numerix Economic Scenario Generator
Products and services
- Oneview for Market Risk Enterprise risk management platform providing holistic views for managing market risk across trading and investment portfolios, for banks, asset managers, hedge funds, and insurance firms.
- Oneview for XVA Platform for managing X-Value Adjustment (XVA) calculations including CVA, DVA, FVA, and MVA for derivatives portfolios.
- Oneview for Counterparty Credit Risk Solution for managing counterparty credit risk and exposure across derivatives and securities financing transactions.
- Oneview for Trading Trading platform integrating pricing, issuance, lifecycle management, and risk analytics within a unified framework for OTC derivatives.
- NxCore Analytics Services Cloud-based analytics services providing access to Numerix's pricing and risk analytics infrastructure on a managed basis.
- NxCore Workspaces Cloud-based IDE connected to pricing and risk analytics, data, Python libraries, and APIs enabling fast time-to-market for capital markets applications.
- CrossAsset Comprehensive analytics library covering exotic derivatives, vanilla derivatives, fixed income, structured finance, convertible bonds, and life insurance annuities across all major asset classes, available via Excel add-in and language SDKs.
- FINCAD Analytics Suite
Quantifiable outcome
- Non-bank liquidity providers generated $25.6 billion in market-making revenues in 2024, with Numerix providing analytics for this growing market segment
- +2 more outcomes
Companies that use Numerix
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Numerix technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Numerix partnerships and signals
Strategic signalScale indicators7 records
Recent moves5 records
Expansion highlights6 records
Numerix competitors and assessment
Company assessmentBroad incumbents
- MSCI: MSCI provides risk and analytics products (e.g., Barra, RiskMetrics) used by the same asset owners and asset managers Numerix serves. While MSCI is a much broader data and index franchise, its multi-asset risk analytics overlap directly with Numerix's CrossAsset and Oneview platforms.
- Bloomberg: Bloomberg's PORT and RISK analytics products, embedded inside the Bloomberg Terminal, compete with Numerix for risk, XVA, and pricing workflows at the same investment bank and asset manager clients. Bloomberg is the default incumbent for many of Numerix's target seats.
- LSEG (Refinitiv): Following the Refinitiv acquisition, LSEG offers pricing, reference data, and risk analytics that overlap with Numerix's fixed income and derivatives pricing libraries. Competes broadly for the same Tier 1 bank and buy-side risk budgets.
- ICE (Intercontinental Exchange): ICE, through its data, analytics, and fixed income connectivity franchises (including legacy Interactive Data and ICE Bonds), competes with Numerix on pricing, fixed income analytics, and risk workflows for institutional investors.
- Finastra: Finastra provides capital markets and banking software including derivatives, treasury, and risk platforms that compete with Numerix's ALM and structured finance offerings, especially at Tier 1 and Tier 2 banks.
- SS&C Technologies: SS&C offers a wide range of financial services software including portfolio/investment accounting, risk, and analytics—serving many of the same asset managers and insurance clients as Numerix.
- Broadridge Financial Solutions: Broadridge provides capital markets and wealth/investment technology, with growing exposure to fixed income, post-trade, and data analytics that overlap with Numerix's enterprise risk and operations products.
- SAS Institute (Financial Risk Solutions): SAS provides risk, fraud, and analytics platforms used by large banks and insurers; while broader than Numerix, it competes for enterprise risk analytics budgets in market risk, credit risk, and regulatory reporting.
Direct peers
- Murex: Murex is a leading capital markets trading and risk platform focused on derivatives, structured products, and ALM—directly comparable to Numerix's Oneview and PolyPaths offerings and serving many of the same large banks and asset managers.
- Calypso Technology: Calypso provides a cross-asset front-to-back trading and risk platform for capital markets, with strong positions in XVA, collateral, and counterparty credit risk—closely overlapping Numerix's Oneview for XVA and Counterparty Credit Risk.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Numerix social profiles
Digital presenceNumerix compliance and trust
Trust signalCompliance2 records
Numerix financial estimates
Financial estimateRevenue estimate
Valuation estimate
Numerix leadership team
Management profileNumber of profiles
Profiles11 records
Numerix subsidiaries and ownership
Company hierarchySubsidiaries6 records
Numerix funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Numerix M&A and investment
M&A and investmentM&A4 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Numerix
What does Numerix do?
Numerix develops and licenses an enterprise capital markets technology platform for pricing, risk management, and analytics of derivatives, fixed income, structured finance, and convertible securities. Its offerings include the Oneview enterprise risk platform, the CrossAsset analytics library, NxCore cloud analytics infrastructure, and the FINCAD, Kynex, and PolyPaths acquired brands, sold via enterprise licenses to financial institutions globally.
Is Numerix a public or private company?
Numerix is a private company. It is classified as private equity controlled and is currently operating.
When was Numerix founded?
Numerix was founded in 1993. It employs 251 to 500 people.
Where is Numerix based?
Numerix is headquartered in New York, United States, in the North America region.
How does Numerix make money?
Three revenue lines are on record. Enterprise Software Licenses are the primary driver. The others are product Trials and Evaluations and analytics Services.
Who are Numerix's main competitors?
Broad incumbents on record are MSCI, Bloomberg, LSEG (Refinitiv), ICE (Intercontinental Exchange), Finastra, SS&C Technologies, Broadridge Financial Solutions and SAS Institute (Financial Risk Solutions). Direct peers are Murex and Calypso Technology.
Does Numerix have an API?
Yes. Numerix offers multiple API products including the Analytics API, Quant Development Platform, Python SDK, and Convertible Analytics API. The Analytics API enables real-time risk assessments and end-of-day calculations. The Python SDK (NxCore Python) integrates with the CrossAsset analytics library for flexible deployment across desktops, data centers, and cloud platforms. Developer documentation is at www.numerix.com/what-we-offer/analytics-infrastructure/analytics-api.
What industry is Numerix in?
Numerix's product category is Capital Markets Risk Management Software. Its primary akta.pro industry code is FSAGAHAG, Collateral, Lien & Asset Valuation Platforms (Auto, Equipment, Real Estate). Its NAICS code is 5132 and its SIC code is 6200.