Using a simple structuring language, users can specify with high precision.
These specifications are then customised with the users' views of the total credit spectrum by uploading issuer, ratings and spread data. To see an example of the GSL click here.
Using evolutionary computing technology, calculations are applied to the
latest ratings and pricing models to determine which portfolios are the
best 'fit' for a deal's requirements.
Deal objectives are routed to an externally hosted server with a powerful
compute grid that creates, rates and prices thousands of candidate portfolios.
Each deal is iteratively evolved in the search for the portfolio with either
the greatest Present Value for a given coupon or the largest spread.
Overall workstation performance is unaffected because the evolutionary
computing technology is combined with the externally hosted grid computer
enabling the optimization to run alongside other applications.
Optimization can be halted at any time or as soon as the deal objectives
have been achieved, and the portfolio is then returned pre-formatted for
easy exporting and simple validation of the price, subordination and rating.

Names universe details »