Derivatives Expert III
Financial Instrument Analysis
September 13, 2002--Derivatives Expert
has been updated for Mathematica 4.2. The suite of functions
in this application forms a
high-end financial analysis and engineering tool for banks, asset management companies, and
Derivatives Expert III, the updated version, delivers an uninterrupted work process
beginning with flexible data retrieval from an SQL database, with XML, or through
JDBC drivers. This data can then be manipulated, analyzed, visualized, or
animated. Lastly, it can be rendered to various output formats including
XML, HTML, CSV, SVG, EPS, BMP, GIF, and JPEG.
Hundreds of new symbols, functions, arguments, and options enable users
to do any calculation from simple to complex with respect to most exchange
and over-the-counter traded securities and derivatives. For example,
Derivatives Expert III offers specialized functions for floaters,
forwards, and exotics. Additionally, users are now able to include accrued
interest with all relevant financial instruments such as bonds, mortgage-backed
obligations, and swaps.
Updated objects for swaps pricing and additional binomial option pricing
models that take new dividend specifications are available with
Derivatives Expert III. Users will find fast Monte Carlo
simulation of prices and price paths that have equidistant or
non-equidistant times of trading. Financial instrument pricing functions
based on discounted cash flow can now use infinite-precision numbers as
well as faster machine-precision numbers. Updated pricing models for
arithmetic average Asian options such as forward-start options are also
Extensive online documentation is included with Derivatives Expert
Background material, exact function descriptions and definitions, a user's
guide, a reference manual, and detailed programming examples will all help
new users to get started.
Derivatives Expert III offers complete simultaneous connections and
high-performance and multiplatform database integration to Oracle, DB2, and
Microsoft SQL Server and coordinates with key network systems such as
IBM WebSphere, and Oracle Application Server.
Derivatives Expert III requires Mathematica
4 or later or webMathematica
and is available for Windows 95/98/Me/NT/2000/XP, Mac OS, Mac OS X, Linux,
and Unix platforms.