Next generation grid.
High productivity computing.
Next generation grid computing
MATLAB or R? Which works best in Value-at-Risk calculation?
Peter Verhoog of Verhoog Consultancy and Techila Technologies have published a paper that demonstrates, how to speed up the calculation of Value-at-Risk measures using scalable distributed computing. The MATLAB and R codes have also been made open and available for the financial community.
How to re-calibrate financial models in real time after a market shock?
Prof. Kanniainen’s paper demonstrates how financial models can be re-calibrated in real time after a market shock. He shows how to cut the time from more than 7 hours to just a couple of minutes. The MATLAB code open and available for the financial community.More news