Traders, portfolio managers and researchers scrutinize yield curves, structures and markets in ways that were unimagined just a few years back. Technology has opened the door to new markets and continues to play a principal role in the evolution of the interest rate derivatives markets. New products and strategies are being produced daily, creating a variety of new challenges. TechHackers' Swap QuantTools and IRO QuantTools are the leading analytic libraries designed for this market. The libraries include a sophisticated curve builder allowing you to construct curves from combinations of spot rates, futures, par swap rates or par bond yields.
System developers can greatly reduce the risks associated with developing such systems from scratch.
All models used have been carefully tested and are designed so that you can analyze virtually any structure, no matter how unique or complex. They provide fast and easy access to advanced functions such as convexity correction, turn of year affects and interpolation. The optional parameters allow you to create custom instruments and price them quickly. TCG , our consulting group, has helped clients meet the challenges brought on by the rapid evolution of derivatives markets over the last decade. They have built trading and risk management systems for top-tier interest rate derivatives desks .