Monte Carlo Matlab

When it comes to discovering glitches inherent in complex systems—be it a railway or banking, chemical production, medical, manufacturing, or inventory control system—developing a simulation of a system can identify problems with less time, effort, and disruption than it would take to employ the original.

Paradigm announces the release of its Paradigm 17 solution suite, running on an expanded high-definition platform. This release aims at ensuring that investments in data acquisition result in added value to drilling, completion and production. Paradigm 17 leverages the science of high definition, along with advanced technology and seamless integration, to improve asset team success.

Backward stochastic differential equations (BSDEs) provide a general mathematical framework for solving pricing and risk management questions of financial derivatives. They are of growing importance for nonlinear pricing problems such as CVA computations that have been developed since the crisis. Although BSDEs are well known to academics,