Numerix, a NYC-based capital markets risk management technology company, acquired PolyPaths, a NY-based provider of analytics and risk management solutions for financial institutions.
The amount of the deal was not disclosed.
Founded in 1996, PolyPaths is a market leader in advanced solutions for fixed income analytics. Its platform leverages its founders’ experience in high volume, sell-side systems and combines the modeling rigor and user control of a single sector trader with the universality of a general portfolio manager. The resulting system meets the diverse needs of multiple users in the front and mid-office of financial organizations including traders, hedge fund managers, portfolio managers, risk managers, research analysts and asset liability managers.
Led by Manny Conti, CEO, Numerix is a provider of innovative capital markets technology solutions and real-time intelligence applications for trading and risk management. PolyPaths brings a wealth of expertise in structured finance and fixed income products, complementing the company’s existing capabilities and further extending its analytics asset class coverage.
FinSMEs
02/08/2023