Cover Story at RISIKOMANAGER

Thetaris article is cover story of German finance magazine RISIKO MANAGER Issue 11/2012

The article „Markt-Risikomanagement für  Asset Manager“, written by Dr. Andreas Grau, CEO and Dr. Stefan Dirnstorfer – COO of the Thetaris GmbH  - is the main topic of the actual RISIKO MANAGER issue 11.2012 (www.risiko-manager.com).

The article describes the basic necessity of professional risk management not only for investment banking but also in the area of asset management.  Furthermore it points out that the investment in a solid and mature risk management solution is cheaper and easier to implement than public opinion suggests. At the end the user – specifically a asset manager – will eventually not recognize that he is still working with his used calculation tool.

Please find an extract of the article online here  - the complete article can be ordered in written form on the RISIKO MANAGER website

ThetaML Handbook available now in print!

Stefan Dirnstorfer, Andreas J. Grau and Hongzhu Li present a comprehensive introduction into the language for financial modelling, ThetaML: "ThetaML Handbook" has arrived in stores:

If you are a customer with a valid Theta Suite license, you will receive your complementary copy in a few days.

For purchase see your local book store, or e.g.

www.amazon.de/ThetaML-Handbook-Stefan-Dirnstorfer/
www.amazon.co.uk/ThetaML-Handbook-Stefan-Dirnstorfer/

Besides a brief introduction into Theta Suite, this handbook serves a complete reference on ThetaML. The book starts with a summary of the language features, followed by a chapter on ThetaML language syntax. The ThetaML type system, interfaces and workflows are detailed in later chapters. There are many code examples to help understand the language commands and functions. Two tutorials further apply ThetaML to pricing and hedging financial contracts, especially options. The final chapter offers many tips and tricks for more efficient use of ThetaML in financial settings. All examples are ready for testing and evaluation in Theta Suite using MC Simulation.

Risk Managment: Investment Bank Solution for Asset Manager

Maintainable, transparent models replace in-house development based on Excel-VBA

Thetaris, a world-leading provider of modeling solutions for the financial sector, releases Theta Suite Portfolio Market Risk Management. This novel risk management software solution offers asset managers and small to medium sized insurance companies the flexibility and performance which so far has only been achieved with applications tailored to major financial institutions. 

Presentation: PRMIA Workshop on Variable Annuities

Great Success for the Workshop on Variable Annuities

Thank you for the large interest! The PRMIA (Professional Risk Managers' International Association) Munich Chapter meeting, took place on the 3^rd of April 2012 and has been organized by Thetaris. Variable Annuities (VAs) and their importance in the area of research and industry – this was one interesting and suspenseful aspect of the 3 presentations. After lively discussions with the three competent speakers most of participants took the opportunity to intensify the exchange of ideas and opinions during the following get together.

Janos Benk explaining the ThetaML based PDE solver FITOB

Free Workshop on Variable Annuities

-- 3rd of April 2012, 6:00 pm 

PRMIA Munich Chapter Meeting 

Workshop on Variable Annuities 

Rilano Hotel Munich

Dear Business Partners,

It is our pleasure to invite you to the above PRMIA Chapter Meeting, which is sponsored this time by the Thetaris GmbH. The Professional Risk Managers' International Association (PRMIA) is a non-profit professional association with more than 80,000 members in 205 countries (www.primia.org).

We are pleased to present you experienced speakers, which will refer about the VA’s on the angle of research and industry. The following agenda is planed:

18:00 
Welcome note PRMIA, Dominik Dersch and Welcome note by sponsor Thetaris and short introduction on Variable Annuities, Dr. Andreas Grau, CEO Thetaris

18:15

A High-Dimensional PDE-Based Approach for Capital Market Guarantees by Stefanie Schraufstetter, TUM

18:45
Massive Parallel Solutions of Variable Annuity PDEs by Janos Benk, TUM

19:15
How To Price & Hedge Variable Annuities With Unhedgeable Risk by Dr. Stefan Jaschke, Munich Re


19:45 
Get together and refreshment


The presentation will be held in German.

For free registration click here. 

We look forward to meet you on 3rd of April, 6pm at the

     Rilano Hotel. 

     Domagkstr. 26, 

     80807 München

Thetaris Theta Proxy XL in c't Magazine 6/2012

There is an article about Theta Proxy XL in the current c't Magazine 06/2012. Theta Proxy XL was added to the heise Software Repository.

PRMIA event sponsored by Thetaris

-- April 3rd --

Save the date for a PRMIA evening event hosted by Thetaris.