Enterprise financial analytic applications, for example, Enterprise Risk Management Systems, Portfolio Management Systems etc., are being developed using componentized architectures. Whether the software is being developed on a standard n-tier distributed architecture or service oriented architecture, all the server side analytic models and their algorithms are implemented as software components.
The core value of the application resides within these analytic components and it is critical that their underlying model and the algorithm has been conceptualized and implemented correctly. Quantstar can help you in this very critical aspect of your project:
▶ Our financial engineering team will work with the end users to define the business need and develop the corresponding financial model from the conceptual ground up.
▶ All the results presentation graphics and reports will be designed and prototyped
▶ Our software engineering team will collaborate with the project technology team and develop the production version of the analytic model. The software implementation of the model can be done in any component model which is compatible with the rest of the application. It could be developed as a DLL, C++ library or a web service.
Some typical examples of components that we can help develop are -
▶Portfolio optimization engines with single and multi factor models
▶ Pricing engines for fixed income instruments and derivatives using analytical and simulation models
▶ VaR estimation engines for large cross asset portfolios using parametric and simulation techniques