Star-P financial supercomputing software solution revved

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Interactive Supercomputing has released the newest version of its financial software, designed to bring the power of HPC to financial institutions

Star-P logoStar-P 2.5 for Financial Services is designed to accelerate and improve decision making in applications such as portfolio optimization, financial derivatives valuation, credit fraud detection, hedge fund trading, Monte Carlo simulations and risk analysis. For example, Julius Finance develops next generation credit derivative models using MATLAB and Star-P. “Researchers have struggled to create a consistent mathematical framework for valuation, market risk and opportunities in corporate credit,” said Peter Cotton, CEO of Julius Finance. “With Star-P, not only can we create accurate, realistic models and compute the answers we need quickly, we can continually experiment with new algorithms and models with real-time interactivity.”