2009

Numerical Technologies Magnitude® Version 1.1.2 Released

Posted on 22 December 2009   Category: Product Announcements   Tags: , , ,

TOKYO – 22 DECEMBER 2009 – Numerical Technologies, a leading provider of financial risk management software, announced today the release of Numerical Technologies Magnitude® version 1.1.2, which is an operational risk management software for financial institutions.

Numerical Technologies Magnitude® 1.1.2 has implemented the Harrell-Davis quantile estimator for a smooth estimation of VaR.

Harrell Davis Quantile Estimator

About Numerical Technologies
Numerical Technologies is a leading financial risk management software company that specializes in high-performance computing (HPC), parallel Monte Carlo simulation, and financial modeling.