R/V Platform - Features and Properties

The main features and properties of the R/V Platform version 2.0 are:

  • All functions and reports of the earlier generation VAR+, ACES+, SWAP+, ZERO+ and DATA+ systems are available and supported in the R/V Platform, many of them considerably improved and extended.
  • The system supports one-step and path Monte Carlo and historical simulation techniques, advanced stress tests and scenario analyses (deterministic simulation), VaR and coherent risk measures and other tools and analytics.
  • The calculation engine is capable of dealing with very large Monte Carlo simulation and other elaborate analysis tasks. Simulation problems with thousands of risk factors have been processed in actual customer cases using the system. Both MS Windows and Linux/Unix implementations are supported.
  • With built-in powerful scalable system architecture the R/V Platform can be implemented in hardware configurations capable of delivering near-real-time performance in very large applications.
  • The system's user interfaces support multiple simultaneous users of multiple different applications.
  • The application database can be implemented on virtually any RDBMS. The database is used for the storing of position data, market data and calculation results, which supports easier and more rigorous back-testing.
  • The R/V Platform is developed to interface flexibly with external databases and data warehouses.
The R/V Platform is an integrated risk analysis system, in which modular and potentially very different applications can be performed simultaneously and independently of each other. The analyses of these applications are based on the same simulations and market/estimate/transaction data and a single set of interfaces. They also share the same pricing and valuation rules. Consequently, where this is relevant, the risk measures, analysis results and capital requirements (for regulatory or internal purposes) produced by different applications of the system are consistent and comparable with each other.