Next-generation macroeconomic models require high-performance computing: enter Julia
Julia for Banking & Finance
Leverage Julia’s superior speed and performance for quantitative finance, trading, optimization, arbitrage, asset management and risk analysis.
Why Julia for Finance?
It’s simple: Speed + Performance + Scalability + Ease of Use
Aviva, one of the world’s largest insurers, is using Julia to comply with the European Union’s Solvency II regime. Aviva reports speed increases from 20x up to 1000x faster compared to their legacy system. Furthermore, Aviva reduced the code for compliance models from 14,000 lines of code in a proprietary legacy system to just 1,000 lines of code in Julia. This doesn’t just increase speed, efficiency and productivity - it also reduces errors and time spent checking and debugging code.
BlackRock, the world’s largest asset manager, uses Julia to power their trademark Aladdin platform.
State Street uses Julia to identify best execution for foreign exchange trading. Conning uses Julia in large scale Monte Carlo simulations for insurance risk assessment.
Other banking, finance and economics users include Atteson Research, the Federal Reserve Bank of New York, Berkery Noyes, Nobel Laureate Thomas J. Sargent, Timeline and Now-Casting Economics.
Interested in Using Large Datasets in Julia?
Watch our webinar to see how to improve the process with JuliaHub.
REASONS TO GET ON BOARD
Julia is the fastest language for finance, including Monte Carlo simulations, dynamic modeling, algorithmic trading and risk analysis.
Ease of Use
Accomplish more with fewer lines of code - spend less time coding, editing and debugging.
Private package development allows users to develop and secure their own competitive edge.
JuliaInXL, Miletus, Bloomberg integration - Julia has the best packages for seamless, integrated financial modeling, analytics, developing and executing trading strategies.
High Performance Computing
Julia works with GPUs, TPUs, supercomputers and other high performance computing environments.
What our products can do for the Banking and Finance Sector
Speed modeling time up to 1,000x
Gain the competitive edge when every microsecond counts
Faster time to market and lower cloud computing costs
Gain accuracy with more simulations
Develop new models faster and more efficiently
Leverage GPUs, TPUs and other high performance hardware
Our Customer Journey
Learn about our products and how you can leverage AI
Implement our solution at your preferred pace
Experiment with a new project in Pumas & Julia
Educate your team through scheduled training
Scale your results in the cloud with JuliaHub
Request a JuliaHub Demo
Learn how JuliaHub can help your organization. Request a demo now.
LEARN MORE ABOUT BANKING & FINANCE AND HOW IT IS BEING USED
Large Scale Stochastic Simulation Using Julia
Julia at NY Fed
Powering Financial Analytics