Fitch Solutions forms partnership with NumeriX
Fitch Solutions, a provider of risk and performance analytics and valuation services, has formed a partnership with NumeriX, an independent analytics provider for the structuring, pricing and valuation of derivatives and structured products.
Fitch Group, a subsidiary of Fimalac SA, and the parent company of Fitch Ratings and Algorithmics, has created a new division, Fitch Solutions, that will consolidate all non-rating products and services, product development, credit training, and the firm's product sales force into a single entity.