Features

• All financial instrument pricing functions that are based on discounting of a cash flow can be priced using infinite-precision numbers or faster (compiled) machine-precision numbers.
• Fast functions that take optional values
• Fast Monte Carlo functionality for simulating prices and price paths with equidistant or non-equidistant trading times
• Wide range of pricing models, including models for arithmetic-average Asian options and forward-start options
• Volatility estimation functions
• Binomial option pricing models that take different dividend specifications
• Convenient and efficient handling of the first coupon for all financial instruments that have a floating rate coupon, e.g., swaps and variable interest rate bonds
• Objects for swaps pricing
• Up-to-date examples of swaps and floaters modules
• Ability to or not to include accrued interest with all relevant financial instruments, e.g., bonds, MBOs, and swaps.
• Functionality to fit interest rates
• Fast discounting functions
• Caching and optimization of core calendar functions for higher performance
• General and advanced SQL database integration module that only requires a database and a JDBC driver
• Complete, multiple simultaneous connections provide high-performance and multiplatform database integration, e.g., to Oracle, DB2, or Microsoft SQL Server
• Receives XML output from database SQL queries
• Extensive documentation that provides many examples, clear explanations of various financial terms, simulations, etc.