Vancouver, BC (PRWEB) October 1, 2007
QuIC Financial Technologies Inc., a leading global solutions provider of risk management, pricing and financial analytics solutions, announces the development of QuIC Bridge™, a breakthrough technology that enables QuIC users to call C/C++ programs directly from QuIC Script - QuIC's high performance, vectorised computing language.
With QuIC Bridge, users can leverage pre-existing model libraries for simulation, calibration or valuation, and still benefit from the speed and flexibility of the QuIC Product Suite. Extending performance benefits of vectorisation to existing C/C++ models, QuIC Bridge minimizes effort spent on integration and model validation and maximises the performance of their vanilla derivative portfolios with the speed and calculation power of the QuIC Engine. QuIC clients also get the benefit of the QuIC Simulation Framework to manage the workflow of their portfolio calculations using their own models including QuIC's Adaptive Breakdown and aggregation processes.
Said Nigel Cairns, QuIC's President and CEO "QuIC Bridge gives clients greater control and reduced costs by leveraging their existing infrastructure and model libraries. Not having to go through model validation and all the costs of implementing a big risk project, enables clients to direct greater investment on maximizing performance and extending their portfolio coverage."
The development of QuIC Bridge is part of QuIC's open engine strategy - a commitment to increase compatibility with other environments, while making the QuIC Product Suite interoperable with more computer languages and paradigms.
About QuIC Financial Technologies, Inc.
QuIC is a global solutions provider for risk management, pricing and financial analytics. The QuIC Engine™ provides speed, flexibility and scalability for pricing and risk calculations regardless of volume or complexity. QuIC technology delivers scalable, dynamically extensible and user-customisable solutions to multiple recipients throughout the enterprise. The QuIC Product Suite™ easily integrates with in-house, partner and third-party applications & systems and operates in diverse environments, from a single laptop to large distributed grids. For more information please visit http://www.quic.com.
Marketing and Communications Manager
QuIC Financial Technologies Inc.
Tel: 1 604 689 1360, ext 127
Fax : 1 604 689 1361
QuIC, the QuIC logo, and QuIC Analytic, QuIC Analytics - XL, QuIC Analyzer, QuIC Engine, QuIC Functions, QuIC Integration, QuIC Links, QuIC Mechanics, QuIC Network Engine, QuIC Platform, QuIC Product Suite, QuIC Publisher, QuIC Script, QuIC Simulation Framework, QUIC Run, QuIC View, and QuIC Workbench product names are trademarks of QuIC Financial Technologies Inc. or a licensor in Canada, the United States and/or other countries.