QUIC Financial Technologies produit des logiciels utilisés pour l’évaluation des contrats dans les marchés financiers. Ces logiciels sont basés sur des modèles mathématiques, lesquels doivent ensuite être adaptés aux données du marché. Les sensibilités des prix fournis par les modèles aux petits changements de paramètres d’entrée, c’est-à-dire les dérivées des prix, sont appelées les ‘grecs’, […]

QUIC Financial Technologies produces software used in the pricing of contracts in financial markets. Such software is based on mathematical models. In turn these models must be calibrated to market data. The sensitivity of the prices given by the models to small changes in the input parameters, that is the derivatives of the prices, are […]

Regulatory change, driven in part by the recent credit crisis, has created demand for banks to undertake a highly intensive risk calculation known as Credit Valuation Adjustment (CVA). CVA is essentially the price of an insurance contract covering the bank’s losses in the event that one of its trading counterparties defaults. QuIC, the sponsor of […]