The ARTLib XL - Core is the foundation library/add-in developed by traders including all the functionality expected for a modern professional trading operation (see list below). The functions are geared toward P&L specific trading in the valuation and risk assessment of almost any traditional traded instrument. Additionally, the functions include many specialised features that arise in a trader's day-to-day requirements.
The "Lite" package is a subset of the Core Module. It includes "essential" elements only, as required for standard basic valuation, risk, structuring, and sales ... but at a fraction of the price of the full package.
ARTLib XL Lite is bundled with CalcPak (r) Lite (worth USD 199), which includes many pre-built/automatic calculators and analytics, and many "turn-key" curve generators (e.g. LIBOR, OIS, etc), position risk/rebalance analytics, etc. See also here CalcPak
Be SURE TO READ THE IMPORTANT INFORMATION BEFORE YOU BUY .. Click here ARTLib XL - Core Lite .
Includes an e-Book copy of A Trader's Guide to Quantitative Methods: Basic Stats & Maths *.
The modules are written to have very easy implementation and flexibility to provide very low cost of implementation and development. For example, a large spreadsheet written to value vanilla caps can be easily converted to value/risk asses exotic options with just the alteration of one or a few cells. Though there are specialised versions of many of the calculations, in most cases there are "super functions" that access all of the required features from a single interface. Thus, for example, a bond trader may only ever need to know 1 or few functions.
The calculations/functions are optimised for speed of execution (and are SMP ready***) providing a practical environment for large and/or real time trading/risk analysis (see benchmarks here).
The Core module is also required for the later modules in the ARTLib XL suite, which provide many advanced and sophisticated treatment of trading, position keeping, structuring, and portfolio management (see a comparison of features).
The modules are also available with almost any degree of customisation, for different environments (e.g. LINUX), in different formats (e.g. DLL, static, source code), etc. Request more information HERE, or write to ARTWare@Arbitrage-Trading.com
Get more details at ARTLib XL - Core-Lite
* For hard-copy, Shipping & Handling is extra, and when supplies are available.