Polaris inks definitive pact with US based Numerix

12 Feb 2013

Polaris Financial Technology has signed a definitive agreement with US based Numerix, a leading provider of cross-asset analytics for derivatives valuations and risk management. Leveraging Numerix’s newly introduced analytics calculation engine, CrossAsset Server and CrossAsset Integration Layer for the integration, this partnership will provide clients with Numerix risk analytics for improved risk monitoring, increased transparency and decision making.

Polaris’ intellect risk and treasury has more than 40 customers across 80 countries, which will now be able to comply with Basel regulatory requirements, such as consistent pricing, stress testing and accurate reporting of Credit Valuation Adjustment for robust Counterparty Credit Risk management, by leveraging Numerix’s comprehensive model library and risk analytics embedded as part of the solution. In addition, Polaris will support banks to integrate Numerix models into their end-to-end pricing and risk management solutions.

Polaris is a full-spectrum Financial Technology major, using technology as an enabler to drive unprecedented operational productivity in Retail, Corporate and Investment Banking. Polaris services over 200 banks across the world, including 9 of the top 10 banks, with a comprehensive suite of products, services and consulting offerings.

Related Polaris Consulting & Services Ltd. Links:
1 Year Price Chart
Peers
Company Name CMP
TCS 3049.95
Infosys 1345.70
HCL Tech. 973.00
Wipro 418.80
Tech Mahindra 988.30
View more..
Sensex vs Polaris Consulting
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback