Thetaris provides academic users free access to our Monte-Carlo simulation software - Theta Suite, together with full technical support. By offering a free academic license we want you and your colleagues to enjoy all the benefits which so far only industry practitioners have experienced.
Theta Suite comes in two versions: Theta Suite XL is a stand-alone version which allows you to perform simulations in Excel in a brand new fashion. Theta Suite Professional on the other hand is deeply integrated into Matlab, so one could call it the Monte-Carlo toolbox for Matlab. So if you already use Matlab in your academic work, this could be your version of choice.
Click here for the download: Download Theta Suite - Academic Version
What can you do with Theta Suite XL / Theta Suite Professional?
You can start with browsing our extensive model and pricing library. Samples include
- Professional Market Models: Heston Volatility, Merton Jump-Diffusion, Hull-White 1-Factor, Hull-White 2-Factor, Cox-Ingersoll-Ross, Vasicek
- Complex Products: European-, Asian-, Bermudan-, American-, Barrier-, Basket-, Lookback- Options, Convertible Bonds, Structured Swaps
- Trading Strategies: CPPI, LETF, Simulation-Based Hedging (Quadratic Hedging), Delta-Gamma Hedge Backtesting
- Optimization: Stochastic Dynamic Programming for Utility Maximization
After that you should be ready to roll your own.
You can easily configure any Monte-Carlo simulation using the finance specific language ThetaML. With Theta Suite Professional you can also access all models from Matlab and access Matlab from ThetaML.