Numerix, the leading provider of cross-asset analytics for derivatives valuations and risk management, announced today that Yuanta Financial Holdings has chosen Numerix Advanced Risk for Portfolio to be used within its risk management department. Yuanta has been a direct client of Numerix since March of 2008, with the successful implementation and deployment of Numerix Bloomberg Edition (NBE).

“We are pleased that Yuanta has chosen to expand upon its client relationship with Numerix and we look forward to assisting them in the overall enhancement of their firm-wide risk management efforts,” said Steven R. O’Hanlon, President and COO at Numerix. “The implementation of Numerix Portfolio for Market Risk demonstrates our continued commitment to provide our clients with the sophisticated desk-level analytics and total product coverage they need to effectively analyze and manage risk in today’s marketplace.”

Steven R. O’Hanlon, President and COO at Numerix.