Before revision:  The developed framework allows to replace costly simulations with more accurate estimates, and it may be used for increasing the accuracy in financial pricing, such as for path-dependent options or in a stochastic volatility models context  .
After revision:  The developed framework allows to replace costly simulations with more accurate estimates, and it may be used for increasing the accuracy in financial pricing, such as for path-dependent options or in a stochastic volatility models context . In applications to options, having closed and compact formulations is attractive for sensitivity analysis and risk management, since Greeks can be derived explicitly .