Numerix takes top spot in Structured Products Technology Rankings 2014

Despite increasing demand for technology that makes pricing and trading structured products more efficient, the biggest initiatives in the past year have been the integration of regulatory edicts and the creation of individual and multi-dealer platforms around which future practice will be based. Clive Davidson analyses the results of this year’s Structured Products Technology Rankings

At first glance, market developments might seem to lessen the requirement for advanced technology in structured products, but that is not the case. For instance, the move to simpler, lower-margin products could suggest a reduced need for complex modelling, whereas it in fact increases the requirement for accuracy in pricing if profits are to be achieved. Likewise, the regulatory drive to greater transparency and disclosure encourages a more automated environment because technology enables the