TOKYO – 25 JANUARY 2010 – Numerical Technologies, a leading provider of financial risk management software, announced today the release of PortfolioBrowser® version 1.9.0. PortfolioBrowser® is a risk management system that calculates integrated VaR and the correlation effect among market risk and credit risk factors.
PortfolioBrowser® 1.9.0 allows clients to:
- Use fat-tail probability distribution when calculation VaR using the Monte Carlo and variance-covariance methods
- Observe non-normal probability characteristic parameters from time series of risk factors
- Generate Johnson SU or Pareto-Gaussian mixed-distribution-based scenarios, and simulate more realistic fat-tail effects
About Numerical Technologies
Numerical Technologies is a leading financial risk management software company that specializes in high-performance computing (HPC), parallel Monte Carlo simulation, and financial modeling.
Numerical Technologies is a financial risk management software company and consulting firm that specializes in high-performance computing (HPC), parallel Monte Carlo simulation, and financial modeling. Since 1998, we have been helping some of the largest banks and insurance companies globally to quantify risk, identify opportunities, and meet economic and regulatory capital requirements. Numerical Technologies holds office in Singapore and Tokyo.