Theta Suite - The Financial Simulation Tool - Free for Academics

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.

Click here for samples for research

So, just try out a new way of using Monte-Carlo simulations in your daily work: Get a free academic license of Theta Suite