Numerix announced that Thomson Reuters will extend Numerix's vanilla-exotics pricing solutions and risk analytics in Thomson Reuters Kondor+ Suite and TopOffice solutions.
Thomson Reuters Kondor+ users already have access to the Numerix CrossAsset library of independent pricing models, methods for pricing and analysis of various exotic derivatives and related transactions. But they will now have better access with enhanced coverage and pricing capabilities for vanilla instruments.
Users will be able to structure, price and analyze OTC derivatives and structured products using Numerix's pre-integrated pricing models and analytics.
TopOffice has also been expanded to include access to the Numerix CrossAsset pricing and analytics for real-time risk and P&L analysis and reporting across all asset classes.
In a statement, Boris Lipiainen, Global Head of Product and Development, Risk Management at Thomson Reuters, said, "Our relationship with Numerix helps Thomson Reuters provide our users with a powerful combination of accuracy and flexibility. We are extending our relationship with Numerix across our risk management product range to help our customers achieve the highest possible return on their investment."