Glitnir Bank Glitnir Bank, a government-formed, Icelandic bank that is now officially dissolved, utilized Numerix Valuation Services to perform accurate valuations for all derivative instruments on its books, in order to pay off its creditors and reach settlements with its counterparties. Case Study Challenge Glitnir Bank needed to perform accurate valuations in order to pay off its creditors and reach settlements with its counterpart

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