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
SYS-CON.TV

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
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.

Latest AJAXWorld RIA Stories
All major researchers estimate there will be tens of billions devices – computers, smartphones, tablets, and sensors – connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups ...
SYS-CON Events announces a new pavilion on the Cloud Expo floor where WebRTC converges with the Internet of Things. Pavilion will showcase WebRTC and the Internet of Things. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation ...
DevOps, Cloud and Your SDLC Cloud computing started a technology revolution; now DevOps is driving that revolution forward. By enabling new approaches to service delivery, cloud and DevOps together are delivering even greater speed, agility, and efficiency. No wonder leading i...
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With “smart” appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest...
Are you developing or hosting PHP applications? Are you doing performance sanity checks along your delivery pipeline? No? Not Yet? Then start with a quick check. It only takes 15 minutes and it really pays off. As a developer you can improve your code, and as somebody responsible...
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