What Would You Save Using UxHw® for Your Quantitative Risk Compute Grid?

A trade is worth less when the firm on the other side of it might fail before settling. A bank has to put a price on that. The price, called a credit valuation adjustment or CVA, comes from simulating a portfolio inside a simulation of the market, which is why most banks run it overnight on a rented grid of machines. UxHw computes with the distributions themselves instead of sampling them, so one pass replaces the thousands. Enter the size of your grid and what it costs you.

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