Numerix Wins Dual Honors at 2024 Asian Private Banker 10th Technology Awards
Recognized for “Best Risk Solution” for the fifth year and “Most Innovative Solution” for the second year
June 10, 2025 – Numerix, a leading capital markets quantitative analytics technology provider, has received two prestigious awards at the reputable 2024 Asian Private Banker Technology Awards: “Best Risk Solution” for the fifth consecutive year and “Most Innovative Solution” for the second straight year.
Now in its tenth year, the Asian Private Banker Technology Awards celebrate the fintech providers driving digital transformation and operational excellence across Asia’s rapidly evolving private banking sector.
The “Best Risk Solution” award recognizes platforms that address client suitability, due diligence, and offer robust defenses against fraud and cyber threats. Numerix’s risk platform features real-time risk-limit monitoring and advanced scenario analysis capabilities in market risk and credit risk space capital, empowering users to react quickly to increasingly volatile markets.
“We are proud to receive the honor of Best Risk Solution for the fifth consecutive year from Asian Private Banker,” said Mayank Nanda, Senior Vice President and Head of Market Risk and Credit Risk Analytics at Numerix. “This win reflects the market adoption, technical depth, and client focus that defines Numerix. In Asia’s fast-evolving private banking market, we’re empowering firms to become structured product creators and distributors with real-time risk tools, deep model coverage and instruments, and the flexibility of cloud-native SaaS delivery.”
The Most Innovative Solution award celebrates technology that delivers value through an enhanced user experience, improved execution, or operational efficiency. To win this distinction, the Numerix team had to demonstrate its continuous delivery of advanced capabilities across analytics, risk, and trade lifecycle management.
“Being recognized by Asian Private Banker as the Most Innovative Solution for the second consecutive year is a powerful testament to the dedication of our team and the value we strive to deliver to clients,” said Satyam Kancharla, Executive Vice President and Chief Product Officer at Numerix. “Over the past year, Numerix delivered advancements across financial analytics, market risk, and credit risk. Our roadmap features tools for capital optimization, scenario analysis, and dynamic risk workflows. As complexity rises, we remain focused on delivering innovation that helps our clients stay ahead.”
These awards underscore Numerix’s ongoing commitment to innovation and excellence, reinforcing its leadership in the Asian fintech landscape. Read more about why Numerix was chosen as Best Risk Solution and Most Innovative Solution.
About Numerix: Since its founding in 1996, Numerix has been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics, and software that redefines pricing and risk management in the financial markets. With the strategic acquisitions of FINCAD, Kynex, and PolyPaths, Numerix has further strengthened its leadership position, empowering financial institutions worldwide to transform risk into opportunities with confidence.
Numerix is headquartered in New York City, with offices around the world in major financial centers that allow immediate access to the latest trends, innovations, and thought leaders in the industry. This extensive network across the Americas, EMEA, and Asia-Pacific enables Numerix to offer localized support and services to its diverse clientele while drawing on global insights and expertise.
