Numerix has signed Hana Daetoo Securities as its first direct Korean customer. Hana Daetoo Securities is the investment banking arm of the Hana Financial Group which also owns Hana Bank.
Hana Daetoo Securities will use Numerix Portfolio across their derivatives desk for trade capture and management, along with enterprise wide risk management of their derivatives positions via Numerix Portfolio's reporting and scenario analysis capabilities. Hana Daetoo's trading desks will also use Numerix CrossAsset XL pricing and analytics solution for the structuring and issuance of new derivative products by the wide range of models for the Korean market.
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