Numerix, an independent provider of cross-asset analytics for derivatives and risk management, is rolling out Numerix Bond Trader, an Excel-based program which helps bond traders craft strategy and conduct pre-deal analysis.
Numerix, whose portfolio of trade applications includes FX Trader, Rates Trader and Credit Trader, said the new bond program is available through Numerix CrossAsset XL.
Numerix Bond Trader gives users a set of customized spreadsheets, which allow them to analyze the impact of potential deals and then book all of the chosen trades in a trade blotter.
“Bond Trader is ideal for evaluating and monitoring all types of complex trading strategies,” Numerix president and chief operating officer Steven O’Hanlon said in a statement. “Based on our client’s needs we will be introducing applications for other asset classes in the future. “