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What is IRIS?

The IRIS workflow effectively tackles the widespread issue of managing active counterparty credit risk by integrating a diverse range of processes, from the collection of trading data to the re-booking of trades, encompassing essential tasks such as curve stripping, consistent pricing, a comprehensive aggregation module, the calculation of hedge requirements, and the exploration of What-if scenarios. Designed as a parallel distributed application, it makes optimal use of multi-core systems to ensure high efficiency and performance. Moreover, an advanced high-performance computing (HPC) solution that leverages GPU and multicore processors is available, significantly accelerating the processes of pricing and Greeks computations. A key aspect of its design is the seamless integration capability of IRIS engines into existing complex systems, which enhances adaptability. By utilizing the .NET development framework, it ensures interoperability and compatibility across various programming languages. Additionally, IRIS offers full support for FpML and integrates with numerous market data providers like Reuters, Bloomberg, and Markit, ensuring a smooth data stream integration. The system's internal data is entirely accessible, facilitating thorough audits of computational details and reinforcing transparency and trust in its outputs. Overall, the IRIS workflow stands as a strong and effective solution for the contemporary challenges associated with credit risk management, ultimately positioning itself as a vital tool for financial institutions navigating this complex landscape. Its comprehensive approach not only addresses current needs but also anticipates future demands in the field.

What is Ansys HPC?

The Ansys HPC software suite empowers users to leverage modern multicore processors, enabling a greater number of simulations to be conducted in reduced timeframes. With the advent of high-performance computing (HPC), these simulations can achieve unprecedented levels of size, complexity, and accuracy. Ansys offers flexible HPC licensing options that cater to various computational needs, ranging from single-user setups to small-group configurations, all the way to expansive parallel capabilities for larger teams. This flexibility allows for highly scalable parallel processing simulations, making it suitable for tackling even the most challenging projects. Additionally, Ansys provides both parallel computing solutions and parametric computing, facilitating the exploration of design parameters such as dimensions, weight, shape, and material properties. By integrating these tools early in the product development cycle, teams can enhance their design processes significantly while improving overall efficiency. This comprehensive approach positions Ansys as a leader in supporting innovative engineering workflows.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Documentation Hub
Webinars

Company Facts

Organization Name

Global Market Solutions

Date Founded

2010

Company Location

France

Company Website

www.globms.net/products/iris/

Company Facts

Organization Name

Ansys

Company Location

United States

Company Website

www.ansys.com/it-solutions/hpc

Categories and Features

Categories and Features

HPC

Not specified

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