Financial Services — Part 2
The Digipede Network makes a positive impact in a wide variety of financial services scenarios, helping both executive management, quantitative analysts, trading departments, and technology professionals achieve their respective and collective goals.
- Customer-focused Web sites with sophisticated analytic capabilities. Such sites may offer customer-specific portfolio optimization for hundreds of thousands of customers. While any one optimization may only take a few seconds, when many customers demand such analysis simultaneously, the Digipede Network can allocate the load to dozens or hundreds of computing resources.
- Accurate pricing of exotic derivatives. In the same time that a single machine can run a simulation that looks forward a few months, a distributed process can model the entire lifetime of the asset. Models that price such assets more accurately and faster give a significant trading advantage, and can result in new, profitable trading opportunities.
- Process improvements in Value at Risk (VaR) analysis. While using thousands of trials to simulate an entire distribution was once considered sufficient, many studies now require far more trials to model behavior in the tails of the distribution accurately. Modeling outlying behavior accurately is critical in gaining a better understanding of the risks taken in a particular portfolio or trading strategy.
Learn More about Digipede and Financial Services
Go back to the main financial services page, or contact us directly. We'll be glad to discuss your firm's particular business objectives and technical infrastructure, and then recommend best next steps.