| 1 |
HPCC is becoming indispensable in the application domains such as:
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Derivative Valuation -- particularly over-the-counter products and exotics
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Portfolio optimization, valuation and asset allocation
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Hedging of large portfolios in real time
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Arbitrage trading
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Risk analysis simulations
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Pattern recognition
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Detection of fraud
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Credit risk analysis
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Market segmentation
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| 2 |
NPAC is engaged in development of new tools for quantitative financial modeling which take advantage of scalable computer architectures
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| 3 |
The ultimate goal is to integrate various quantitative analysis transparently using Web technologies into a seamless cooperative computing environment, capable of supporting all aspects of enterprise-wide risk management.
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