The people behind the UnRisk 2 derivatives pricing package bring their unique experience in heavy industry to  bear on pricing in the global financial markets

Johannes Kepler introduced physics to the heavens. And it was in Linz, the capital of the northern Austrian province of Oberösterreich, that Kepler, then holder of the court position of district mathematician, discovered the third law of planetary motion (distance-cubed-over-time-squared for non astronomers out there). Much has changed since the seventeenth century, Linz is now one of Austria’s centers of heavy industry, and has been since the second world war. But the local development of physics applications continues, amidst the plants and furnaces of Austria’s steel industry, a small group of researchers have begun to focus their attentions upon matters financial - and in so doing are attempting to innovate a third way in the development of specialist software for pricing derivatives.


 UnRisk 2 is the latest version of the UnRisk Pricing Engine for Mathematica, which provides immediate  pricing and analytics for the Front Office and rapid modeling and product building for Quants and Risk Analysts. It employs numerical schemes for derivatives pricing and analytics based on Adaptive Integration, Finite Element, Streamline Diffusion and Regularization Techniques developed by MathConsult. 

To get the whole article, please download the article Coal Faced Mathematicians.

 

News

UnRisk @ Quant Insights Conference

UnRisk @ Quant Insights Conference

UnRisk sponsors two talks at this years QI conference: The Different Truths of I...

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UnRisk @ Phygitale Bankfiliale & Phygitale Bankberatung

UnRisk @ Phygitale Bankfiliale & Phygitale Bankberatung

UnRisk will speak at the event at 7th and 8th of Nov. 2017 at Renaissance Hotel...

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UnRisk @ Spezialtag MiFID II

UnRisk @ Spezialtag MiFID II

UnRisk will speak at Spezialtag MiFID II am 06.12.2016: Anlageberatung 4.0...

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UnRisk consortium and Multilateral AG teamed up to found UnRiskOmega AG

UnRisk consortium and Multilateral AG teamed up to found UnRiskOmega AG

UnRiskOmega is a cooperation of the three companies multilateral AG, uni softwar...

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UnRisk Pricing Engine 8.1 Released

UnRisk Pricing Engine 8.1 Released

UnRisk today announced it has released UnRisk 8.1, an enhanced version of UnRisk...

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UnRisk 8 Released

UnRisk 8 Released

UnRisk today announced it has released UnRisk 8, an enhanced version of UnRisk-Q...

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Success Stories

UnRisk and Solventis - Or How To Build Up a SaaS Solution with UnRisk Technologies

UnRisk and Solventis - Or How To Build Up a SaaS Solution with UnRisk Technologies

Solventis is an independent financial group established in 2002 by a team of pro...

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UnRisk seals cooperation with multilateral AG

UnRisk seals cooperation with multilateral AG

multilateral AG is an innovative Swiss IT-Consulting and software engineering co...

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Dupire - Robust Calibration of Local Volatility Models

Dupire - Robust Calibration of Local Volatility Models

For the so-called local volatility model, Bruno Dupire derived a closed form sol...

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Workout in Computational Finance

Workout in Computational Finance

The intention of the book is to give a sound overview on numerical methods which...

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