Numerix, a specialist in capital markets risk management technology and approve idea of software used by a wide range of buy-side firm including hedge funds, has been acquired by Genstar Capital.

Founded in 1996, Numerix has over 19 offices, 225 clients and 90 partners across more than 26 countries. Numerix pioneered the multi-asset class pricing market. 

Since 2018, the company's technology has been supporting decision making from pre-trade price discovery through XVA trading, market and counterparty credit risk management across all asset classes.