2008-12-01 21:51:01 -

www.numerix.com - NumeriX, the leading independent provider of advanced analytics for the derivative and structured products markets, will host its next Webinar on Wednesday, December 3rd at 9:30am EST. The session will be led by Eric Trujillo, Vice President of Sales of NumeriX and Keldon Drudge, Chief Technology Officer of Prism Valuations.
As banks and asset

managers announce large write-downs on structured derivative portfolios on a daily basis, much discussion has centered on why these write-downs have occurred so frequently and how to protect existing portfolios from the same demise. Organizations are being called upon to use independent valuation methods to gain more accuracy in portfolios as well as find transparency within the market.
During this Webinar, Mr. Trujillo and Mr. Drudge will provide a brief overview of the recent developments in the regulatory environment around independent valuations. They will also discuss several related issues including the requirements and benefits of independent valuation and components of a successful valuation service.
- Date: December 3, 2008
- Time: 9:30am EST
- Duration: approximately 30 minutes
- Register to attend: www.numerix.com/events/webinarsignup.htm
Prism Valuation is a NumeriX partner who provides independent, complex product valuation and risk management services.
About NumeriX
NumeriX is the award-winning, independent leader in pricing and risk analytics for fixed income, credit, foreign exchange, hybrids, cross currency, inflation rate and equity derivatives. NumeriX has a financial engineering and quantitative team composed largely of Ph.D.?s on the same scale as the very largest of financial institutions. More than 350 clients across 25 countries rely on NumeriX risk analytic software for speed and accuracy in valuing their structured products and derivatives. Trading and risk platform vendors leverage NumeriX analytics to gain a time-to-market advantage by embedding the power of NumeriX into their systems. Founded in 1996, the company is privately held with offices in New York, London, Singapore, Tokyo and Hong Kong. For more information visit www.numerix.com.



NumeriX

James Jockle, +1 646-898-1263

jjockle@numerix.com

or

LEWIS PR

Dan Gaffney, +1 617-226-8840

numerix@lewispr.com