Numerix Partner Program Welcomes Financial Software Provider Dion Global Solutions

Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management today announced that Dion Global Solutions (Dion) has joined the Numerix Partner Program to offer Numerix Powered ™ Analytics within its valuation and risk management solutions. This partnership enables the two companies to collaboratively bring new efficiencies to the OTC derivatives analytics market while meeting client demand for increased transparency, more accurate pricing and lower Total-Cost of Ownership.

Dion provides the international financial community turnkey, world class systems and tools that operate across various domains including portfolio management, trading, settlement, risk management, compliance, analytics, messaging & workflow and research services and information products. Dion’s initial integration efforts have focused on enabling its newly announced OTC valuation and risk management tool, dfferentia with Numerix market-tested pricing models and numerical methods. dfferentia also provides a trade API to populate Numerix Portfolio for middle office risk use.

“We’re excited to partner with Dion, an international market leader recognized for its domain knowledge and technology expertise,” said Steve O’Hanlon, President and COO of Numerix. “Dion's conscious decision to leverage Numerix model libraries, rather than build their own, for pre-trade pricing, yield curves, payoff and horizon analysis extends the reach of Numerix analytics through a new and innovative web-based interface.”

“Powering our solution with Numerix revolutionizes the way in which traders, sales professionals, risk & IT managers price, structure and manage risk,” said Ralph Horne, Global CEO & Managing Director, Dion. “Numerix affords our hosted solutions access to the most comprehensive range of independent, industry standard models and methods, bringing enormous innovation and transparency to a fairly complex domain. As a result, we’re able to deliver a modern, intuitive user experience offering extensive risk measures that work on several browsers.”

About Numerix

Numerix is the award winning, leading independent analytics institution providing cross-asset solutions for structuring, pre-trade price discovery, trade capture, valuation and portfolio management of derivatives and structured products. Since its inception in 1996, over 700 clients and 75 partners across more than 25 countries have come to rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments. With offices in New York, London, Paris, Frankfurt, Milan, Stockholm, Tokyo, Hong Kong, Singapore, Dubai, South Korea, India and Australia, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information please visit www.numerix.com.

About Dion Global Solutions

Dion Global Solutions provides market leading software solutions to financial institutions across the globe. Employing over 600 highly experienced and knowledgeable staff within the Finance and IT industries, Dion provides a portfolio of cutting-edge solutions and services for the international financial markets.

With over 25 years’ experience, Dion's breadth of knowledge in the financial services industry has provided the company with a unique insight into the complexities involved across various segments within the BFSI sector. Dion's solutions cover portfolio management, trading, settlement, risk management, compliance, analytics, messaging & workflow and research services and information products.

Committed to providing the very best, Dion works alongside clients and world renowned technology partners to implement and support solutions to increase productivity, reduce costs and facilitate growth. With more than 650 clients in 88 countries, Dion's deep domain expertise and considered approach to their clients' businesses make Dion a trusted partner.

For more information visit www.dionglobal.com
For an overview of the product, visit http://www.dionglobal.com/softprod-dfferentia.aspx