Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, has opened a sales office in Beijing, China. The new office expands on Numerix’s existing position in the greater China region and represents Numerix’s continuing commitment to the Chinese over-the-counter (OTC) derivatives markets by providing clients with support in the country.
“The expansion of our presence in China to now include Beijing is a natural progression for Numerix and we are pleased to be in a position to provide permanent local support for our clients,” said Numerix president and chief operating officer (COO), Steven O’Hanlon. “Our commitment to the Asia-Pacific marketplace goes back more than a decade and the growth of the Chinese derivatives markets has been surpassed by the growth of Numerix. I am confident in our firm’s continued ability to grow and to meet the strategic pricing, analytics and risk management needs of our clients in China and across the entire region.”
Sindy Zhu, director of sales and responsible for the region, will manage the Beijing office. Zhu reports to Stephen Cheng, Numerix vice president sales for China.
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