The Reserve Bank of New Zealand automates risk analytics with Numerix

The Reserve Bank of New Zealand automates risk analytics with Numerix

New Zealand’s central bank, Reserve Bank, is implementing Numerix’s Oneview for trade valuation and risk management analytics.

The system will support risk pricing and risk analytics, market standard trade valuation, and position and collateral management.

“We are improving our technology and analytics capability in our domestic and foreign market operations,” says the bank’s deputy governor, Geoff Bascand. “For us the most important thing is to make real-time decisions based on comprehensive analytics, and the most up-to-date methodologies.”

The first stage of the project will cover the Reserve Bank’s trading book. Liquidity management, collateral management and trade management will be added at a later stage.

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