IMSL/ PV Wave

IMSL  is a collection of software components used in statistics and data applications for the programming languages Fortran, C, C # or Java can be reused. The peculiarity is that a substantial proportion of modules for programming the cluster computing system can be used.

PV-WAVE is a graphical analysis tool for analysis and visualization of complex data sets. Data from business applications can be manipulated and experimental interactive presentation in different ways are mapped to a certain extent the most appropriate presentation experimentally to form finding.

Software projects or internships software have a permanent place in both the research enterprise as well as teaching at the Institute for Economic computer science. By using this extensive library of mathematical and statistical functions can be the building blocks of the programmers in their own cluster applications and integrate the software development cycle much faster.

Example applications possible through the financial Sciences:

• Risk management
• Fixed Income Analysis (earnings and risk ratios)
• Portfolio analysis and optimization
• Exchange Rate Analysis
• Options and derivatives pricing
• Share risk - Modeling and Analysis
• Forecasting (preview account planning)
• Trading Strategy Optimization
• Stock performance monitoring
• ...
  

possible example algorithms for logistics:

• Time-series data analysis
• Statistical data analysis
• Monte Carlo simulations
• ...