Numerix to Host Upcoming Webinar – “Derivative Trading Profitability - Front Office and Middle Office Integration of Pricing and

Join Numerix on Thursday, March 14 for a Webinar Examining the Accurate and Efficient Alignment of Risk, Liquidity and Regulatory Capital

New York, NY – March 11, 2013 – Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, will host a complimentary webinar on Thursday, March 14 at 8:00 AM EST where featured speaker Denny Yu, VP of Client Solutions and Risk Product Manager will explore emerging decision support tools to help banks best align their interests in credit risk, liquidity consumption and regulatory capital with a robust and profitable derivatives operation.

Regulation, financial accounting standards, and market forces continue to pressure banks to accurately and quickly measure counterparty credit risk. Risk measures like Potential Future Exposure (PFE), Credit Valuation Adjustment (CVA), and Funding Valuation Adjustment (FVA) are increasingly needed in real-time or near real-time in the front office, so traders can capitalize on fleeting trading opportunities while ensuring the trades are profitable to the bank and within risk limits.

Given the complexity of the calculations and their potential impact on a bank’s profitability, front and middle offices should more closely align on counterparty credit risk calculations and practices – but many banks struggle to achieve this in practice.

This webinar will cover:

•    Current Counterparty Credit Risk measures

•    Emerging Counterparty Credit Risk measures

•    Optimization of derivatives operations

•    Challenges

•    Recommendations

This Webinar is complimentary, but registration is required as space is limited. REGISTER NOW

Featured Numerix Speakers:

Denny Yu, Vice President of Client Solutions Group and Product Manager, Risk

Mr. Yu oversees risk analytics including stress testing, VaR, and counterparty credit risk management. Prior to Numerix, Denny held several positions at RiskMetrics, a global provider of risk technology, including Product Manager, Implementation consultant, and Risk Advisor. He also spent several years at Citigroup in the Credit Risk Modeling group working on the bank's firm-wide Credit Value-at-Risk methodology, default probability modeling and debt rating models.

Denny has been a guest lecturer at New York University for enterprise wide risk management and has been published in several industry journals including Quantitative Credit Analyst and Commercial Lending Review. He has a Masters in Business Administration in Finance from New York University and is a CFA Charterholder.