The UnRisk consortium takes UnRisk 3.1M the local UnRisk grid version to quantitative finance programming teams, which want to use a broad variety of derivatives analytics functions providing access to their multi-core power.

5-Feb-09 – UnRisk today announced it has released UnRisk PRICING ENGINE version 3.1M. This release is free for all UnRisk Premium Service users and can be shipped to all new customers immediately, who are interested in this programming version. The UnRisk PRICING ENGINE has been introduced 2001. Now, UnRisk 3.1M is the 15th release of the fast-paced and accurate derivatives analytics platform.

UnRisk 3.1M supports Mathematica 7 with its built-in parallel computing as a key for a new area of parallel programming and integration. Every copy of UnRisk 3.1M comes standard with a foundation of parallelized functions and interactive reference documents for the customization of parallel constructs. Each copy of UnRisk 3.1M comes with four computational processes. More processes can be added easily.

“UnRisk’s single-core speed is already first class”, says This e-mail address is being protected from spambots. You need JavaScript enabled to view it , CEO of the UnRisk makers MathConsult, “coarse grain parallelization steps up performance with little effort”. “Quad-core computers are now widely used, and we want to have programmers in quantitative finance access to their power”, he adds.

UnRisk 3 integrates an optimized C++ engine into Mathematica and so that models such as Hull & White, Black Karasinski and LMM in fixed income use the most advanced numerical schemes correctly, and solving the inverse problems of model calibration efficiently UnRisk 3.1M comes with the Mathematica front-end.

Great Opportunity for Solution Makers

UnRisk 3.1M offers the technologies applied by the UnRisk team when developing the grid-enabled version of the UnRisk PRICING ENGINE, which builds the computational foundation for UnRisk’s risk-analytics-in-real-time platform, the UnRisk FACTORY.

UnRisk 3.1M offers four computational processes without price uplift.