IRIS Integrated Risk Management AG, a Swiss-based provider of enterprise-wide risk management solutions, has released its unified analysis infrastructure riskpro(tm) version 2.6. This new operational release of riskpro(tm) includes many enhancements from which banks can benefit, for example the new IFRS module covering basic calculation, hedge optimization and hedge relation building.
New modules were added to the path generation for dynamic analysis. These are user defined paths which work under Java, that can be used in the framework of Monte Carlo based dynamic analysis, and the Libor Market Model, which is now available for option pricing.
“The latest operational release of our financial analysis infrastructure has a lot of new features supporting ease of use,” says Dr. Christoph Wahrenberger, Head of Product Management at IRIS AG. “Users have more liberty to define the analysis options of their choice according to their needs and creativity.”