NtInsight® for Credit Risk Version 8.1.9 Released

SINGAPORE – 13 MAY 2013 – Numerical Technologies, a leading provider of financial risk management software, announced today the release of NtInsight^® for Credit Risk 8.1.9. In this version, the counterparty risk feature has been expanded to reflect the complex structure of a financial instrument’s credit risk. Support for user-defined scenarios has also been added.
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NtInsight® for ALM Version 8.1.3 Released

SINGAPORE – 7 NOVEMBER 2012 – Numerical Technologies, a leading provider of financial risk management software, today announced the release of NtInsight^® for ALM 8.1.3. The updated NtInsight^® for ALM offers risk professionals new and enhanced functionalities in the areas of investment planning, reporting, and risk evaluation.

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Latest NtRand® Improves Precision of Distribution Functions, Adds Seven New Functions

SINGAPORE – 26 SEPTEMBER 2012 – Numerical Technologies today announced the release of NtRand^® 3.3. NtRand^®, a free Microsoft Excel add-in RNG (random number generator) based on the Mersenne Twister algorithm, can be used in pricing financial derivatives and in risk management studies. In the new version, NtRand^® has greatly improved the precision of its distribution functions by adopting the calculation algorithm of Boost, the pioneering C++ open source library.

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Basel Committee Proposes Using Expected Shortfall Instead of VaR in Market Risk Management

Numerical Technologies ready to support requirement with NtInsight^®, its flagship financial risk management software, which has been designed to calculate both VaR and expected shortfall (also known as CVaR or tail-VaR) with fat-tail awareness.

SINGAPORE – 4 MAY 2012 – Yesterday, the Basel Committee on Banking Supervision (BCBS) has published a consultative document which presents the Basel Committee’s initial proposals with regards to trading book capital requirement policies. A key element of the proposal is moving the quantitative risk metrics system from VaR to expected shortfall.

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NtInsight® for Market and Credit Risk Version 8.0.6 Released

SINGAPORE – 23 MARCH 2012 – Numerical Technologies today announced the latest release of NtInsight^® for Market and Credit Risk, a financial risk management software that helps banks and insurance firms measure and manage integrated value-at-risk (VaR), and comply with the Basel III capital requirement. The updated NtInsight^® for Market and Credit Risk offers risk managers greater control, precision, and transparency over their data and the VaR calculation process.

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