QuantLib is the reference free/open-source library for quantitative finance. Intended for academics and practitioners alike and eventually pomoting a stronger interaction between them, it offers tools that are useful both for practical implementation and for advanced modelling. It includes features such as market convention, yield-curve bootstrapping, interest rate models, solvers, PDEs, Monte Carlo, exotic options, VaR, etc.

 

QuantLib was formed in 2000 when a few professionals left the interest-rate derivative desk of Caboto Banca Intesa to create a company called RiskMap, now StatPro Italia. As they were once again faced with the task of implementing the Black-Scholes formula, the professionals of RiskMap had the idea of sharing the development in a structured project, allowing for cooperation in which everyone could improve, correct, and develop a free common-base framework.

 

Today QuantLib is actively supported by StatPro. Luigi Ballabio, Senior Risk Architect at StatPro, administers the project together with Ferdinando Ametrano, Head of Quants at Monte Paschi Asset Management.

 

StatPro uses QuantLib as the building block for its proprietary financial pricing libraries, QuantKit. QuantKit is a sophisticated set of object-oriented financial pricing libraries covering several models (some of which are in QuantLib) and many exotic pricing functions.

Price Performance Management Systems, Inc. (PPMS) provides software and consulting related to investment performance measurement. The company's first product, PPMS Ver. 1.0, offers an internet-based solution to the computation of performance after taxes. Being internet based, the software has the advantage of being accessible for individuals at home or client service personnel on a laptop from the road.

 

The software is independent of platform and can be run from a UNIX or Apple environment as well as from Microsoft Windows. However, it uses a native-mode Windows SQL 2000 database and stored procedures.

SunGard Forbatec GmbH and StatPro signed a partnership agreement as a developer and provider of Back and Front Office Systems for German Fund Managers.

 

SunGard V3 is an Asset Management Suite for fund accounting, portfolio management and investor accounting. V3 supports the requirements of asset managers, investment companies, custodians and transfer agents in Germany, Austria and Luxembourg. V3 helps facilitate straight-through processing and is integrated with other SunGard solutions. See more information at www.sungard.de.

 

About SunGard GP3
GP3 is the new Web solution for fund administration and accounting, designed for any type of European fund (mutual funds, insurance portfolios, bank portfolios, pension funds, holdings) developed by SunGard. Due to the extensive functional coverage of GP3, users can attain a high level of productivity and are also able to provide a large of value-added services to their clients. The solution integrates with other SunGard solutions achieving seamless straight-through processing.

 

About SunGard
With annual revenue of $4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies. Visit SunGard at www.sungard.com

 

SunGard, the SunGard logo, V3 and GP3 are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries.  All other trade names are trademarks or registered trademarks of their respective holders.