Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


New Functionality for Swap Aggregation Increases CVA & PFE Calculation Speed

Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, today announced key features and functionality now available in Numerix CrossAsset, its flagship analytics framework for structuring, pricing and risk managing any derivative.

“The importance of financial and risk management capabilities in portfolio level analytics has never been greater, especially when considering the impact of collateral optimization on CVA, dynamic hedging techniques and managing the regulatory cost of capital,” said Steven R. O’Hanlon, President & COO of Numerix.

Tom Davis, VP of Client Solutions at Numerix adds: “Daily risk assessment across a portfolio needs models that not only preserve the distribution of prices, but also are efficient to compute. In CrossAsset 10.2 this was our focus – empowering clients with the applicable coverage and advanced functionality needed to respond quickly and efficiently to the evolving regulatory and market environment.”

Key Numerix CrossAsset 10.2 functionality includes:

Innovative Risk Techniques to accelerate the computation of exposures and CVA (Credit Value Adjustment)/PFE (Potential Future Exposure) for large portfolios of Interest Rate swaps, FX Forwards and Cross-Currency swaps. By aggregating their cashflows to represent the portfolio as a "superswap" this approach, which is based on aggregating cashflows for linear instruments is used to make the calculation faster.

New Performance Enhancements to improve CVA calculation time for portfolios of credit derivatives with the addition of the CIR Model (Cox–Ingersoll–Ross) for credit pricing and CDS valuation. In addition, calibration of the FX Stochastic Local Volatility model to FX barrier options was enabled as well as Backward Monte Carlo pricing of continuous barriers. This innovation greatly reduces the time taken to price barrier options.

Improved Functionality to manage the complexities of pricing and structuring OTC derivatives. PaymentStream Builder allows users to price any deal streamlining the creation of 80% of the most commonly traded derivatives, reserving the power of scripting for bespoke structured products. Users can enter the conditions of their term sheet and price any bespoke instrument simply and directly, including risky bonds and credit default swaps.

About Numerix

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.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
Let’s say we developed an application and plan to move our app to production on Amazon Elastic Cloud (EC2). Our application, in the form of a webapp, was developed using eclipse and we have tested it on Tomcat running locally. Now, we may want to test our app on an EC2 environment befo...
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software,...
This past week the Appcore team got the opportunity to attend one of the industry’s leading cloud events, Cloud Expo in Santa Clara, CA. We spent a lot of time interacting with attendees at the exhibit portion of the event. As a software company with a sole commitment to CloudStack, we...
As cloud gives an opportunity to businesses to buy services externally – how is cloud impacting your customers? In his General Session at 15th Cloud Expo, Fabio Gori, Director of Worldwide Cloud Marketing at Cisco, provided answers to big questions: Do you see hybrid cloud as where th...
Microsoft Azure, a cloud platform, is rapidly expanding its scope to include newer enterprise class services. Some of the significant new additions are: Azure Search: Azure Search Service is a fully managed, cloud-based service that allows developers to build rich search applications ...
Since the announcement of Docker approximately 18 months ago there has been an explosion of new technology in this space. Although the list is becoming very long, here I will outline five evolving Docker-related technologies that are driving the direction that cloud technology is going...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE