Numerix Ranks Among Inc. Magazine's Annual Exclusive List of America's Fastest-Growing Private Companies--the Inc.500|5000
Inc. magazine ranked Numerix No. 2494 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at America's top independent entrepreneurs and celebrates their innovation, resilience and tenacity. Numerix joins winner Unified Payments, Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly's, among other prominent brands featured on this year's list.
"The past three years have been an extraordinary period of growth for Numerix in spite of the challenging economic and regulatory landscape our customers and partners have had to face across the derivatives and finance industry," said Steven R. O'Hanlon, President & COO of Numerix. "Driven by a number of corporate and strategic objectives the company worked hard to identify and execute, Numerix successfully achieved its goals while overseeing the rapid global expansion of Numerix risk management products into new business segments."
He continues: "As a customer driven company, Numerix effectively leveraged its analytics both standalone and inside pricing, valuations and risk software products better serving the diverse needs of today's sophisticated financial institutions. Our acceptance of this honor demonstrates the Numerix commitment to risk management and analytics, helping customers to effectively manage, monitor and report on valuations and complex risk exposures for their entire range of portfolios across all asset classes on one consolidated platform."
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year's list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg.
More about Numerix, Inc. and the Inc. 500|5000
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
Numerix is the award winning, leading independent analytics institution providing cross-asset solutions for structuring, pre-trade price discovery, trade capture, valuation and portfolio management of derivatives and structured products. Since its inception in 1996, over 700 clients and 75 partners across more than 25 countries have come to rely on Numerix analytics for speed and accuracy in valuing and managing the most sophisticated financial instruments. With offices in New York, London, Paris, Frankfurt, Milan, Stockholm, Tokyo, Hong Kong, Singapore, Dubai, South Korea, India and Australia, Numerix brings together unparalleled expertise across all asset classes and engineering disciplines. For more information please visit: www.numerix.com.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.