Study of the simulation and optimization system of interbank settlements
The aim of this paper is a Computer study of the system for Simulation and optimization of interbank settlements. The system is based on the Poisson-lognormal model of settlement flow and performs iterative Simulation and optimization of expected transaction costs using randomly generated samples of transaction flows. The results Of study by Monte-Carlo Simulation are given, based on data of the payment and settlement system of the Bank of Lithuania.
settlements interbank payments modelling of interbank settlements optimisation of settlement costs