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Simulating success at DZ Bank

02 December 2004  |  2245 views  |  0 Source: Xenomorph, DZ Bank

When the product management group within the investment banking/fixed income division of DZ Bank AG, Frankfurt, needed to automate and streamline their business simulation processes for new products, they turned to Xenomorph software for rapid plug and play compatibility.

The business processes associated with product development in the fixed income division needed automating. The product management group had been using proprietary software and text-based databases along with extensive quantitative analysis, such as historical simulations and scenario analysis.

The group required an innovative database, which inherently had the ability to store immediate simulation results and market information and, at the same time, ensure it remained focussed on financial products, such as static items and time-series.» Download the document now 135.9 kb (Adobe Acrobat Document)

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