UnRisk FACTORY 2 Released
Written by Herbert Exner   
08 November 2009

9-Nov-09, UnRisk took UnRisk FACTORY 2 to financial institutions for enterprise-wide real-time pricing and risk analytics strategies.

In May-08 UnRisk has released UnRisk FACTORY. Now, UnRisk FACTORY 2 is the 5th release of the fast-paced, accurate and unprecedented robust risk analytics platform. Ten days after the release of the UnRisk PRICING ENGINE 4, FACTORY 2 incorporates all its new deal types and features, like expected coupon rate and survival probability calculations.

An Automated Factory that Follows its Users

UnRisk FACTORY enables its customers to focus on in-time decision support to manage risk from the single deal type to the most comprehensive portfolio. For institution-wide pricing and analytics policies and to avoid method and front-to-back cross-model risk, it accesses valuation servers that work uncompromisingly accurate, independent of the workload (portfolios across scenarios).

UnRisk FACTORY has been passionately developed for risk-analytics in real-time. With grid utilization, and clever techniques like principal component treatment, it enables the valuation of portfolios across comprehensive scenarios in record time. UnRisk FACTORY operates on multi-core machines, clusters and grid-pools.

To access UnRisk FACTORY users need a web browser only.

Customers enjoy the following benefits from using UnRisk FACTORY:

 

  • Faster Time-to-Insight – thousands of positions across scenarios valuated in record time
  • High Accuracy – computational speed allows for uncompromised model precision
  • Complete Evidence – all valuations are made persistent for re- and co-valuation
  • Wide Access – via an easy to use web front-end
  • Low Total Cost of Ownership – high throughput on minimalist infrastructure

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    Enhanced in task automation and tuned for robustness

    In addition to the new UnRisk 4 deal types, models and utilities, advanced filtering, automatic generation of all kind of schedules, user defined result aggregation all leading to highly automated tasks, UnRisk FACTORY 2 introduces visualization.

    Behind we have tuned our algorithms already the most advanced in previous releases, and introduced the latest findings in multi-method numerical analysis, parameter identification, simulation, optimization and grid computing.