Joseph Saporito Email Address

Executive Vice President, Global Direct Sales

NumeriX is the industry benchmark for exotic derivative analytics with flexible, cross-asset software solutions empowering buyers and sellers of derivatives to price and manage their risk with unprecedented power, accuracy, and speed. Customers use NumeriX software to build pricing models for the most complex segment of trading room products, ?exotic? derivatives, and to hedge and manage the trading risk of interest rate, foreign exchange, equity and credit portfolios.

My entire career thus far has been focused on enabling business users to understand, adopt and leverage the technological advances of computer hardware and software vendors. Developing long-lasting relationships with my clients, learning as much about their business as possible and solving complex business problems are the things that excite me the most about my profession. I have had the privilege of working alongside and learning from hundreds of talented individuals at innovative companies such as Harris Corporation, Banyan Systems, Cabletron and Siebel Systems. Here at Numerix, I serve as the Executive Vice President of Global Direct Sales, working from our New York City Headquarters. Numerix was founded in 1996 and has grown to over 200 employees services clients around the world, from 16+ localized offices. As of January 2014, we passed the 750 customer mark and based upon our current pace will have over 1000 customers before we reach our 20th anniversary. I am so proud of what we have achieved on behalf of the many Clients and Partners that trust us to be their go to pricing and risk analytics vendor. Our greatest achievement is being selected as the Lead Valuation Agent by the Lehman Derivatives Estate, where together with the Estate we valued over 1.5 million derivative and structured trades and developed a Settlement Framework resulting in the settlement of over $20,000,000,000 of the most complex claims for the ten largest financial institutions in the world. My areas of expertise include: Sales Leadership, Project Management, Systems Architecture, Derivatives and Structured Products, real-time pre-trade pricing including the spectrum of counter-party value adjustments (XVA), derivatives and structured product regulation, annuity hedging, and economic scenario generation. Want to learn more about how Numerix can help you transform the way you measure and manage risk, contact me via InMail or directly at jsaporito@numerix.com.