2019-01-23

The Beauty of a DSL for Finance

With Theta Suite you can structure and evaluate any financial product or trading strategy faster and more accurate than ever before. Thus any exotic product or complex hedging strategy looses it´s magic.

How is this possible? 

The coding language ThetaML serves only one goal: optimally define financial products, trading strategies and evaluation models (e.g. stochastic models). It does nothing else but that! The power of this language lies in the fact that the description of the product (payoff structure), the stochastic model and the numerical implementation are separated. Each individual component is much easier to understand than a complex numerical algorithm containing all three aspects in one piece of low level computer code.

2 comments:

Marian said...

ThetaML is a strong language meant to clearly define financial products, trading methods, and assessment models. By separating the reward structure, stochastic model, and numerical implementation, complicated topics become more clear. If you need high-quality academic assistance, you can always look into solutions such as pay for dissertation uk to boost your study in finance and programming.

OliviaJames said...

A domain-specific language, or DSL, for finance is revolutionary because it makes difficult financial tasks clear and precise. Professionals may increase productivity, decrease errors, and automate operations with its help. A last-minute essay writing service could help you properly express your ideas if you're researching this topic for an essay and need aid. This would guarantee that your work is unique and contains insightful information.

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