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Numerix
Numerix is a global financial technology company that provides capital markets software and solutions that enable clients to analyze and manage complex trade portfolios that consist of financial instruments, derivatives, and structured products. It is headquartered in New York City with nineteen offices worldwide. Numerix is primarily known for its expertise in providing financial institutions with advanced analytics and risk management solutions and for quantitative research breakthroughs. Numerix builds multi-asset class analytics and scalable software for risk management, trading, valuations and pricing for both sell-side and buyside market participants. Numerix products have won over 200 awards since 2006, including 'Risk Markets Technology Awards XVA calculation product of the year', 'FTF News Awards - Best Cloud-Adapted Solution Provider', and 'American Financial Technology Awards Most Innovative Third-Party Technology Vendor (Analytics)'. Numerix's s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Goodkin
Michael Goodkin (August 12, 1942 - June 06, 2022) was a quantitative finance entrepreneur and author. Biography Goodkin was born in Chicago. He holds a BA from the University of Illinois, a JD from Northwestern University and an MBA from Columbia University in 1968. Based in New York (state), New York and London, he traveled extensively for the companies he founded and also to play backgammon on the international circuit. He last lived in Chicago.Goodkin, Michael. ''The Wrong Answer Faster: The Inside Story of Making the Machine that Trades Trillions''. John Wiley & Sons, 2012 Goodkin passed away on June 06, 2022. Work Goodkin founded his first company, Counsel's Aide, while a student at Northwestern Law School. The company provided trial lawyers with student legal research by the hour. The first of its kind in the country, it was a successful and upon graduating he sold the company. About to graduate from Columbia University, he saw the opportunity to revolutionize trading by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greg Whitten
Greg Whitten is an American computer engineer, investor and car collector. Whitten graduated from the University of Virginia with a B.A. in mathematics in 1973, and from Harvard University with a Ph.D. in applied mathematics in 1978. He worked for Compucolor, a company in Georgia established in 1977 that made the home computer Compucolor II (an early PC) but went out of business in 1983. While there, he reputedly optimized an unlicensed copy of Microsoft Basic so effectively that Microsoft later forgave Compucolor for their infringement in exchange for the rights to the enhancements. Microsoft 1979–1998 He then worked for Microsoft from 1979 to 1998. He developed the standards for the company's BASIC compiler line. "GW" in the name of the GW-BASIC dialect (first released 1983) of BASIC developed by Microsoft may have come from Greg Whitten's initials: "The GW-BASIC name stands for Gee-Whiz BASIC. The GW- name was picked by Bill Gates. He is the one who knows whether it wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mitchell Feigenbaum
Mitchell Jay Feigenbaum (December 19, 1944 – June 30, 2019) was an American mathematical physicist whose pioneering studies in chaos theory led to the discovery of the Feigenbaum constants. Early life Feigenbaum was born in Philadelphia, Pennsylvania, to Jewish emigrants from Poland and Ukraine. He attended Samuel J. Tilden High School, in Brooklyn, New York, and the City College of New York. In 1964, he began his graduate studies at the Massachusetts Institute of Technology (MIT). Enrolling for graduate study in electrical engineering, he changed his area of study to physics. He completed his doctorate in 1970 for a thesis on dispersion relations, under the supervision of Professor Francis E. Low. Career After short positions at Cornell University (1970–1972) and the Virginia Polytechnic Institute and State University (1972–1974), he was offered a longer-term post at the Los Alamos National Laboratory in New Mexico to study turbulence in fluids. Although a complete ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gregory Whitten
Greg Whitten is an American computer engineer, investor and car collector. Whitten graduated from the University of Virginia with a B.A. in mathematics in 1973, and from Harvard University with a Ph.D. in applied mathematics in 1978. He worked for Compucolor, a company in Georgia established in 1977 that made the home computer Compucolor II (an early PC) but went out of business in 1983. While there, he reputedly optimized an unlicensed copy of Microsoft Basic so effectively that Microsoft later forgave Compucolor for their infringement in exchange for the rights to the enhancements. Microsoft 1979–1998 He then worked for Microsoft from 1979 to 1998. He developed the standards for the company's BASIC compiler line. "GW" in the name of the GW-BASIC dialect (first released 1983) of BASIC developed by Microsoft may have come from Greg Whitten's initials: "The GW-BASIC name stands for Gee-Whiz BASIC. The GW- name was picked by Bill Gates. He is the one who knows whether it wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Risk Management
Financial risk management is the practice of protecting economic value in a firm by using financial instruments to manage exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying its sources, measuring it, and the plans to address them. See for an overview. Financial risk management as a "science" can be said to have been born with modern portfolio theory, particularly as initiated by Professor Harry Markowitz in 1952 with his article, "Portfolio Selection"; see . Financial risk management can be qualitative and quantitative. As a specialization of risk management, financial risk management focuses on when and how to hedge using financial instruments to manage costly exposures to risk. *In the banking sector worldwide, the Basel Accords are generally adopted by internationally active banks for tracking, reporting ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigel Goldenfeld
Nigel David Goldenfeld (born May 1, 1957) is a Swanlund Chair, Professor of Physics Department in the University of Illinois at Urbana-Champaign (UIUC), the director of the NASA Astrobiology Institute for Universal Biology, and the leader of the Biocomplexity group at Carl R. Woese Institute for Genomic Biology The Carl R. Woese Institute for Genomic Biology (IGB) is ainterdisciplinaryfacility for genomics research at the University of Illinois at Urbana-Champaign. The Institute was built in 2006 to centralize biotechnology research at the University o .... Goldenfeld is a co-founder of Numerix and the author of the 1993 textbook "Lectures on Phase Transitions and the Renormalization Group," a widely used graduate textbook in statistical physics. References External links Nigel Goldenfeld, YouTube videos {{DEFAULTSORT:Goldenfeld, Nigel 1957 births University of Illinois faculty Alumni of the University of Cambridge Living people Santa Fe Institute people Fellows of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2020, Oracle was the third-largest software company in the world by revenue and market capitalization. The company sells database software and technology (particularly its own brands), cloud engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, and supply chain management (SCM) software. History Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories (SDL). Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems ( RDBMS) named "A Relational Model of Data for Large Shared Data Banks." He heard about the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sell Side
Sell side is a term used in the financial services industry. The three main markets for this selling are the stock, bond, and foreign exchange market. It is a general term that indicates a firm that sells investment services to asset management firms, typically referred to as the buy side, or corporate entities. The sell side and the buy side work hand in hand and each side could not exist without the other. These services encompass a broad range of activities, including broking/dealing, investment banking, advisory functions, and investment research. Use In the capacity of a broker-dealer, "sell side" refers to firms that take orders from buy side firms and then "work" the orders. This is typically achieved by splitting them into smaller orders which are then sent directly to an exchange or to other firms. Sell side firms are intermediaries whose task is to sell securities to investors (usually the buy side i.e. investing institutions such as mutual funds, pension funds and insu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buy Side
Buy-side is a term used in investment firms to refer to advising institutions concerned with buying investment services. Private equity funds, mutual funds, life insurance companies, unit trusts, hedge funds, and pension funds are the most common types of buy side entities. In sales and trading, the split between the buy side and sell side should be viewed from the perspective of securities exchange services. The investing community must use those services to trade securities. The "Buy Side" are the buyers of those services; the "Sell Side", also called "prime brokers", are the sellers of those services. Sell side brokerages are registered members of a stock exchange, and are required to be market makers in a given security. Buy side firms usually take speculative positions or make relative value trades. Buy side firms participate in a smaller number of overall transactions, and aim to profit from market movements and accruals rather than through risk management and the bid– ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadridge Financial Solutions
Broadridge Financial Solutions is a public corporate services and financial technology company founded in 2007 as a spin-off from management software company :Automatic Data Processing. Broadridge supplies public companies with proxy statements, annual reports and other financial documents, and shareholder communications solutions, such as virtual annual meetings. History Legislation passed in the 1970s in the United States mandated two processes for securities and their transfer: immobilization and dematerialization. These processes required physical stock certificates and other paper securities to be kept in bulk by intermediaries, and required the sale and ownership of securities to be accomplished through chains of transaction records instead of possession of paper certificates. While enabling increased securities trading and rapid rises in stock ownership, these changes had the effect of separating companies from their shareholders, and putting intermediaries between th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nomura Research Institute
Nomura Research Institute, Ltd. (NRI; Japanese: 株式会社野村総合研究所 or 野村総研 for short) is the largest economic research and consulting firm in Japan, and a member of the Nomura Group. Established in 1965, the firm now employs over 13,000 people. It owns ten subsidiaries in Japan and multiple subsidiaries overseas, in India, New York City, Dallas, London, Seoul, Shanghai, Beijing, Hong Kong, Moscow, Taipei, the Philippines, Singapore, Bangkok, and Jakarta. In 2016 NRI acquired Cutter Associates. ''cutterassociates.com''. Retrieved 2016-08-15. Overview Nomura Research Institute (Japan's first full-fledged private comprehensive think tank) and Nomura Computer Systems, Inc. (Japan's first systems development company to use commercial computers for business purposes) merged to form the current Nomura Research ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
