UnRisk has announced that it will take a bundled version of its UnRisk FACTORY and UnRisk-Q to financial institutions for advanced, customized risk management.
Manage Risk While You Are Sleeping
UnRisk FACTORY is at version 4. It supports all new deal types and features of UnRisk-Q version 6 - inflation- and commodity linked products with hybrid constructions and a vast variety of contract features, an enhanced VaR Universe and even more high-level task building and automation.
FACTORY customers enjoy its broad coverage, integrated valuation and data management, fast time-to-productivity, low cost of ownership, and automation with an enormous throughput - empowered by UnRisk’s blazingly fast, inherently parallel engines that can be utilized by scheduled tasks. Users set up a schedule for, say, managing the market data and run various analytics of instrument groups across scenario groups - over night.
The purpose of such scheduled tasks may be: instrument building and testing, model validation, advanced risk management processes with stress tests, comprehensive VaR calculations, back testing, benchmarking,
Customize and Integrate As You Want
With UnRisk-Q, UnRisk has unleashed the programming power behind UnRisk solutions. To empower risk-quants to aggregate and analyze the massive output the FACTORY calculates untiringly, UnRisk provides tools in UnRisk-Q's high level programming front-end that links to the FACTORY data base.
From today, UnRisk FACTORY and UnRisk-Q will be offered as bundle - configured for a networked pool of cores starting with 40 computational kernels computing in parallel.