FinDer

FinDer is a software system, developed at Columbia University, which uses low discrepancy sequences to solve problems in finance.

A detailed description of  FinDer is available from Anargyros Papageorgiou and includes:

  • A system overview and historical remarks.
  • The features of FinDer.
  • Examples comparing FinDer and Monte Carlo methods for Financial Derivative pricing and calculation of Value at Risk.
  • Publications.
  • Directions for obtaining FinDer.
  • Patents for:
    1. An estimation method and system for complex securities using low-discrepancy deterministic sequences.
    2. Portfolio structuring using low discrepancy sequences.