The traditional approaches to VaR computations do not provide satisfactory valuation of possible losses. We propose stable distributions for constructing models that encompass these empirical features and develop more precise VAR-estimation techniques. Mercury Software performs VaR Analysis, Scenario Analysis, Present Value Calculations, Marginal VaR Analysis, Back testing. It includes customizable report features that turn it into an active risk management tool capable of presenting accurate and clear picture of risk. Mercury Software supports a wide range of financial assets, including fixed income and foreign exchange securities, equities and their derivatives.
User control is available on all level of calculation with a broad variety of options.
The calculations are performed with real market data imported by the user. The import can be done with XML technology that allows better data exchange and makes it possible to import directly from Internet.