Driving Excellence in XVA: MuniFin’s Strategic Integration of Numerix Oneview

Challenge

MuniFin, one of Finland’s premier credit institutions, was tasked with automating and modernizing the valuation process for X-value adjustments (XVA) to align with market practices, enhance valuation precision, and streamline operational efficiency.

Business Objectives

• Introduce an advanced XVA calculation system
• Address the growing complexity of derivative valuations
• Automate valuation workflows and reduce manual efforts
• Seamlessly integrate the solution with existing systems 

Solution

Numerix Oneview 

MuniFin partnered with Numerix to implement the Oneview platform, leveraging its advanced capabilities to meet their XVA needs. Having been a long-standing partner of Numerix since 2007 for the valuation of structured trades within its front-office system, deepening the relationship to include XVA capabilities was a natural fit. 

Key Features

• Automation and Scalability: Automated workflows for reducing manual interventions  
• Comprehensive Analytics: Advanced XVA calculation modules ensuring market-aligned precision
• Integrated Ecosystem: Seamless integration with MuniFin’s existing solutions
• Flexible Architecture: Enabled in-house model tailoring and enhancements
   

Numerix helps us stay ahead of changing industry practices and empowers us with both stability and adaptability. The flexibility we now enjoy is indispensable.” 

-Jaakko Juntunen, VP and Head of Risk Management, MuniFin   

Results

The implementation of Numerix OneView resulted in significant enhancements to MuniFin’s risk management operations and introduced greater efficiencies.

• Operational Efficiency: MuniFin achieved entirely automated valuation workflows, drastically reducing manual efforts.
• Valuation Accuracy: Precise adjustments and sensitivities were calculated, facilitating compliant and high-quality reporting.
• Flexibility and Scalability: Numerix Oneview’s architecture enabled MuniFin’s ongoing optimization and alignment with evolving market requirements.
• Streamlined Workflows: MuniFin now benefits from overnight automated calculations, real-time pricing and scenario analysis, and continuous system enhancements. 
   

"Efficient calculations are critical when dealing with market risk sensitivities or heavy analytical workloads. Numerix excels in this area.” 

-Jaakko Juntunen, VP and Head of Risk Management, MuniFin  

Explore Numerix Solutions 

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