Numerix Acquires PolyPaths, Expanding Market Expertise in Structured Finance & Fixed Income
NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Numerix, a global leader in capital markets risk management technology, is pleased to announce the acquisition of PolyPaths, a renowned provider of analytics and risk management solutions for financial institutions.
- PolyPaths brings a wealth of expertise in structured finance and fixed income products, complementing Numerix's existing capabilities and further extending its analytics asset class coverage, confirming Numerix's position as a leading provider of pricing and risk management solutions.
- This new sector of growth presents exciting opportunities for Numerix to serve a broader range of clients and deliver even greater value to the market.
- Manny Conti, CEO of Numerix, expressed his excitement about the acquisition, stating, "The acquisition of PolyPaths marks a pivotal milestone for Numerix as it expands our market expertise in structured finance and fixed income.
- Jefferies LLC served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to Numerix.