Numerical Technologies shows leading capability in providing Risk technology solutions to Asia Pacific clients
SINGAPORE – 18 SEPTEMBER 2013 – Numerical Technologies is pleased to announce that it has won first position in the Best Innovative Specialist Vendor category in the Asia Risk Technology Rankings 2013. The risk management software and consulting firm’s expertise lies in handling large-scale data using very precise calculations. These together with the speed with which large calculations are completed have been key differentiators for its clients—financial institutions whose asset size are among the largest globally.
Numerical Technologies provides solutions for credit, market, operational, liquidity, and asset/liability risk management and control. It specializes in high performance computing (HPC), parallel Monte Carlo simulation and advanced modeling. This focus on performance and handling of large data volumes is a key reason for its success.
“We are honored to be recognized as best innovative specialist vendor in the region,” says Hideyuki Torii, Numerical Technologies Managing Director. “Our pioneering work continues to push boundaries, for instance, our solutions are capable of transaction-by-transaction simulation and supports more than 1 million Monte Carlo iterations. Another example of our strong drive to apply leading-edge technology is the risk contagion map, a computing-intensive visualization tool that dynamically captures counterparty exposures and the complex connections among counterparties.”
The 8th annual Asia Risk Technology Rankings awards dinner, celebrating the achievements of the winners, will take place on October 31, 2013 at the Four Seasons Hotel in Hong Kong.
For the 2013 Technology Rankings feature, click here.
Ai Matsuoka, Business Development Manager, Numerical Technologies
Tel: +65 6831 5150 (SGT) Email: