New York, NY, July 13, 2012 --(PR.com
)-- SixFaceCloud Company announces availability of a new system – PaaS for financial analytics. The Company goal is to bridge the gap between quantitative analysts and financial sector Java programmers. The system includes Java framework, execution environment and simplified DSL for quantitative analysts.
- Java framework helps programmers to concentrate on implementing financial algorithms while hiding details of computation parallelization and job tracking
- Execution environment effectively executes tasks on local system, network-wide computer cluster or cloud environment like Amazon EC2
- DSL serves as a simple yet efficient language for quants as non-professional programmers
At present time Company concentrates on Monte Carlo based methods like Black-Sholes model for European-style options. In the future there will be support for all other computations-intensive methods used in financial engineering.
The system is free for anyone interested – visit their site www.sixfacecloud.com and download it.
Track their blog at www.sixfacecloud.com/blog.