Case Study: Swedbank reduces operational risk and valuation costs with Numerix CrossAsset

Swedbank reduces operational risk and valuation costs with NumeriX across 317 branches

Swedbank, a leading bank in the Nordic and Baltic countries, sought to improve its pricing, risk management, and validation processes for complex derivatives and structured products. To address this challenge, the bank selected the Numerix CrossAsset analytics platform from vendor Numerix.

The solution from Numerix provided a unified and transparent valuation framework, enabling Swedbank to confidently price complex structures and perform model validation. By implementing Numerix CrossAsset and utilizing its library of models and methods, Swedbank reduced operational risk and external valuation costs across the bank, while also improving workflow and internal control over valuation.

Swedbank