16 January 2018
visit www.avoka.com

QuIC partners Politecnico Di Milano to research financial mathematics for risk management

06 November 2008  |  2057 views  |  0 Source: QuIC Financial Technologies

QuIC Financial Technologies Inc, a global solutions provider for risk management, pricing and financial analytics, has announced the mathematics department at the Politecnico Di Milano is incorporating QuIC technology into their curriculum as part of the QuIC Academic Alliance program.

To complement their already extensive teachings in valuation and market risk, Politecnico Di Milano will offer a new course in credit risk management in January 2009, and the QuIC Product SuiteTM will provide the infrastructure for the course.

"The Politecnico Di Milano is among the best technical universities in Europe, and prides itself on delivering students a balance of both theoretical knowledge and practical experience to prepare them for a highly competitive marketplace," says Emilio Barucci, Director of the Mathematical Finance Program within the Mathematics Department at the Politecnico Di Milano. "Our students will greatly benefit from using industry leading software that is both easy-to-use and flexible."

By participating in the QuIC Academic Alliance program, the university will use the QuIC Product Suite featuring the QuIC EngineTM, a powerful vector-based calculation and simulation engine, and QuIC ScriptTM, a state-of-the-art vectorised scripting language. QuIC technology is a logical fit for an academic environment because it allows for financial models to be plugged directly into QuIC's risk workflow tool and be deployed alongside other models.

"QuIC Script allows users to develop sophisticated risk management and pricing applications without requiring them to master the considerable intricacies of data structure and algorithm design," stated Dave Peterson, Chief Financial Engineer for QuIC. "It provides an ideal platform for financial mathematics students, because it allows them to build concrete, practical illustrations of their studies rapidly, with minimal programming background."


Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11029 views comments | 15 tweets | 17 linkedin
BNP Paribas Asset Management completes fund transaction blockchain testBNP Paribas Asset Management completes fun...
9764 views comments | 14 tweets | 32 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
8781 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
8556 views comments | 17 tweets | 13 linkedin
Kodak announces blockchain plan, share price soarsKodak announces blockchain plan, share pri...
8277 views comments | 29 tweets | 24 linkedin

Featured job

Competitive base + commission (double OTE)
London, UK

Find your next job