Apex Group and Numerix launch advanced market risk analytics. 11 August 2026 US Reporter: Madison Hendrickson Apex Group and Numerix are launching advanced market risk analytics within the RiskMonitor platform. A historical value-at-risk (VaR) solution based on full revaluation is the first capability to go live within RiskMonitor, Apex Group's end-to-end risk reporting platform for the buy side. The firms say the approach provides greater transparency and accuracy than approximation-based methods, especially for non-linear instruments. Numerix's institutional-grade cross-asset analytics engine combined with Apex Group's independent valuation services creates a unified platform for complex portfolio analysis and reporting, notes Apex. Apex Group says RiskMonitor clients can now benefit from a single platform for valuation methodologies, enhanced transparency, and improved ability to manage complex portfolios of OTC derivatives and structured products. The historical VaR module is the first in a planned series of enhancements the firms say will expand instrument coverage and strengthen valuation and risk capabilities. Ian Hubert, director at Apex Group, says: "Its clients increasingly demand integrated solutions that combine valuation, risk analytics, and reporting without adding operational complexity. "This integration delivers exactly that, helping asset managers strengthen risk oversight more efficiently." Tom Lin, chief revenue officer at Numerix, says: "This partnership enables firms to analyse their most complex instruments with the depth, accuracy, and transparency required in today's environment." Next technology article NO FEE, NO RISK 100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times

Apex Group and Numerix deliver advanced market risk analytics within RiskMonitor. PR Contact: Deanna Kim [email protected] Apex Group Ltd ("Apex Group"), a global financial services provider with over $3.5 trillion in assets serviced, and Numerix today announced the go-live of advanced market risk analytics within RiskMonitor, Apex Group's end-to-end risk reporting platform for the buy-side. The integration combines Numerix's institutional-grade cross-asset analytics engine with Apex Group's independent valuation services, delivering a unified platform for complex portfolio analysis and reporting. This milestone builds on the strategic partnership announced in March 2025, bringing together Apex Group's global servicing capabilities and Numerix's quantitative analytics to address the growing complexity of buy-side risk management. The first capability to go live is a Historical Value-at-Risk (VaR) solution based on full revaluation, enabling firms to reprice each position under historical market scenarios across OTC derivatives, structured products, and other complex assets. This approach provides greater transparency and accuracy than approximation-based methods, particularly for non-linear instruments. Ian Hubert, Director at Apex Group, said: "Our clients increasingly demand integrated solutions that combine valuation, risk analytics, and reporting without adding operational complexity. This integration delivers exactly that, helping asset managers strengthen risk oversight more efficiently." Tom Lin, Chief Revenue Officer at Numerix, added: "By embedding Numerix analytics within RiskMonitor, we are bringing institutional-grade risk methodologies directly into buy-side operational workflows. This partnership enables firms to analyze their most complex instruments with the depth, accuracy, and transparency required in today's environment." With the integration now live, RiskMonitor clients benefit from: * A single platform for independent valuation and advanced risk analytics across multiple asset classes * Enhanced transparency into risk and valuation methodologies, supporting stronger governance and regulatory compliance * Improved ability to manage increasingly complex portfolios of OTC derivatives and structured products The Historical VaR module is the first in a planned series of enhancements that will expand instrument coverage and further strengthen valuation and risk capabilities. The roadmap will deliver continued improvements in analytics depth, model transparency, and cross-asset consistency within a unified platform. About Apex Group Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent. Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support, as well as digital and AI solutions. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands. The Apex Foundation, a not-for-profit entity, is the Group's passionate commitment to empower sustainable change. About Numerix Since its founding in 1996, Numerix has been at the vanguard of financial technology, providing groundbreaking expertise, quantitative analytics, and software that redefines pricing and risk management in the financial markets. With the strategic acquisitions of FINCAD, Kynex, and PolyPaths, Numerix has further strengthened its leadership position, empowering financial institutions worldwide to transform risk into opportunities with confidence. Numerix is headquartered in New York City, with offices around the world in major financial centers that allow immediate access to the latest trends, innovations, and thought leaders in the industry. This extensive network across the Americas, EMEA, and Asia-Pacific enables Numerix to offer localized support and services to its diverse clientele while drawing on global insights and expertise.

Numerix ranks first in quantitative analytics and top three across the Chartis STORM 2026 reports. Chartis Research has published its STORM 2026 report series, and Numerix finishes at or near the top of all three ranking reports. STORM - short for Statistical Techniques, Operations and Risk Management - examines how quantitative modeling, machine learning, optimization, and high-performance computing are converging across financial services. Chartis describes Numerix as foundational pricing and valuation infrastructure for hundreds of buy- and sell-side institutions, spanning market, credit, and insurance liability risk from a single analytical source. The series comprises three ranking reports - Quantitative Analytics50, BuySideRisk50, and Insurance Risk Analytics50. Numerix ranked first overall in the Quantitative Analytics50 and placed in the top three in the other two, collecting category awards in each. "Numerix's rise to the top of the Quantitative Analytics50 ranking, alongside its top three ranking in both the Insurance Risk Analytics50 and BuySideRisk50, reflects not only the strength of its analytics portfolio, but also the innovative technological and developmental environment it has established around its solutions. In our view, Numerix's innovative and pragmatic use of AI in the areas of modeling, pricing, and analytics is helping to advance the state of the art." - Sid Dash, Chief Researcher at Chartis Quantitative Analytics50: ranked first overall. Numerix ranked first overall in the Quantitative Analytics50 2026 report, taking the title of Overall Winner. The report scores vendors on the depth of their quantitative libraries and the technology environment around them, set against the compute, data, and AI forces reshaping quantitative finance. It is the most closely watched of the three STORM rankings, and the one where Numerix has now reached the top position. * Chartis Category Awards for Impact and Strategy - the latter citing the integration of PolyPaths analytics into the Numerix Oneview platform * Computational Awards for AI-Driven Asset Pricing, Domain-Specific Languages, and Domain-Specific Languages (Derivatives) * Innovation Awards for Integrated Risk Analytics, ML Applications in Quant Finance, and XVA Analytics * Solution Category Awards for CVA, equity derivatives, MVA, OTC derivatives * Pricing/Valuation Award for OTC derivatives pricing, reflecting Numerix's leadership in cross-asset pricing, risk, and pre-trade XVA analytics Chartis also recognized Numerix's research into neural-network and machine-learning methods as a promising direction the firm is actively advancing. That work aims to reduce the computational cost of large-scale valuations and remains in development. Numerix ranked third overall in the BuySideRisk50 2026 report and secured three awards: the Chartis Category Award for Innovation, the Industry Category Award for Prime Brokerage Risk Frameworks, and the Solution Category Award for Cross-Context Analytics for the Buy-Side. Buy-side firms, such as asset managers, hedge funds, and pension funds, increasingly need to see risk and performance across portfolios, asset classes, and markets rather than in isolated silos. Numerix's portfolio-layer methods enable asset managers to measure how derivative overlays affect overall portfolio risk and hedge accounting, while its prime brokerage tools calculate margin, run scenario-based stress tests, and evaluate value at risk (VaR) across multi-asset books. Cross-context analytics tie different portfolios, hedges and risk analyses together in one platform, providing an integrated perspective on investment risk. Insurance Risk Analytics50: a top-three finish and a structured products award. Numerix ranked third overall in the Insurance Risk Analytics50 2026 report and won the Solution Category Award for Structured Products/Variable Annuities. This report examines how AI, digital risk, and market convergence are reshaping insurance analytics. Variable annuities and structured products are among the most analytically demanding instruments a life insurer holds. Pricing, valuation, and scenario analysis all depend on advanced models that can handle complex structures, embedded optionality, and long-dated risk. Numerix's platform bridges actuarial assumptions and capital-market reality within asset and liability management (ALM) workflows, letting insurers run frequent, automated stress tests and optimize hedging. One foundation, three markets. Read as a set, the STORM 2026 results show recognition that reaches across quantitative finance, insurance, and the buy-side - the breadth of asset classes and use cases Numerix has built around a common analytics foundation. Chartis views Numerix as well positioned to help reshape the risk management landscape and help its clients gain dynamic strategic advantages. Each report includes Chartis's full methodology, the complete list of category winners, and Chartis's analysis of the trends reshaping the markets. Frequently asked questions. What is the Chartis STORM 2026 report series, and how did Numerix perform? STORM - short for Statistical Techniques, Operations and Risk Management - examines how quantitative modeling, machine learning, optimization, and high-performance computing are converging across financial services. The series comprises three ranking reports: the Quantitative Analytics50, the BuySideRisk50, and the Insurance Risk Analytics50. Numerix ranked first overall in the Quantitative Analytics50 and placed in the top three in the other two, collecting category awards in each. Read as a set, the results show recognition that reaches across quantitative finance, insurance, and the buy-side - the breadth of asset classes and use cases Numerix has built around a common analytics foundation. Why did Numerix rank first in the Quantitative Analytics50 2026 report? The Quantitative Analytics50 scores vendors on the depth of their quantitative libraries and the technology environment around them, set against the compute, data, and AI forces reshaping quantitative finance. It is the most closely watched of the three STORM rankings, and Numerix took the Overall Winner title. Numerix earned awards across the report's categories, including Chartis Category Awards for Impact and Strategy - the latter citing the integration of PolyPaths analytics into the Numerix Oneview platform - Computational Awards for AI-driven asset pricing and domain-specific languages, Innovation Awards for integrated risk analytics, ML applications in quant finance, and XVA analytics, and Solution Category Awards for CVA, equity derivatives, MVA, and OTC derivatives. Chartis also recognized Numerix's research into neural-network and machine-learning methods, which aims to reduce the computational cost of large-scale valuations and remains in development. How did Numerix perform in the BuySideRisk50 and Insurance Risk Analytics50 reports? Numerix ranked third overall in both reports. In the BuySideRisk50, it secured the Chartis Category Award for Innovation, the Industry Category Award for Prime Brokerage Risk Frameworks, and the Solution Category Award for Cross-Context Analytics for the Buy-Side - recognition of portfolio-layer methods that measure how derivative overlays affect overall portfolio risk and tie portfolios, hedges, and risk analyses together in one platform. In the Insurance Risk Analytics50, it won the Solution Category Award for Structured Products/Variable Annuities, reflecting a platform that bridges actuarial assumptions and capital-market reality within asset and liability management (ALM) workflows so insurers can run frequent, automated stress tests and optimize hedging.