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Synopsis
Genstar Capital-backed Numerix, a capital markets risk management technology company, completed the acquisition of PolyPaths, a provider of analytics and risk management solutions. Financial terms were not disclosed. "The acquisition of PolyPaths marks a pivotal milestone for Numerix as it expands our market expertise in structured finance and fixed income. By combining the strengths of Numerix and PolyPaths, we are able to deliver cutting-edge Front-to-Risk analytic solutions that address the evolving needs of our clients. The cultural alignment and shared DNA between Numerix and PolyPaths make this a natural fit, and we look forward to the opportunities that lie ahead," Manny Conti, Numerix CEO.
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