Why use QuantTools modules?
When there isnt an off-the-shelf vendor system available to run your business and your development requirements outgrow the ubiquitous spreadsheet, designing an in house proprietary system may be the answer. However, creating a system can be a formidable challenge requiring careful management of resources, quality and time. Prepackaged components can greatly reduce the risks and costs associated with such a project. Just as a computer manufacturer might buy a microprocessor from a chipmaker instead of building its own, in-house systems developers can turn to a vendor for standard components.
Extend your systems analytic capabilities
Systems are only as good as the quality of the information they provide. Truly useful information is a result of good reliable data processed by accurate models. QuantTools provides a wide set of market analytics that enhance your systems inference capabilities, whether to suggest fair market value or to assess risk.
Save valuable time and development costs
Deriving formulas and developing software from scratch is an expensive
and intricate process. Complex calculations can demand a good deal of
derivation, design, programming, debugging and testing time. When you
purchase QuantTools, you get the benefits of an
in-house team of quants at a fraction of the cost. QuantTools keeps you
up-to-date of the latest developments and market conventions.
Improve system accuracy and consistency
Callable library modules guarantee consistent calculation across
different applications and reports. Each QuantTool module is carefully
designed and rigorously tested. The same calculation procedure is invoked
each time the function is called, regardless of where it is called from.
TechHackers maintains the same functions across all platforms
(Unix or Windows) and applications (C++, VB, Java JNI, add-ins) guaranteeing the
same results throughout your organization.
Designed for you and your system
QuantTools modules are designed to optimize your system performance with minimum demand on your system resources. Each single module contains numerous possibilities using the optional parameters. The optional parameters provide a wide range of flexibility, accommodating most of your specific needs. On the other hand, the built in defaults accommodate the latest market convention saving you valuable development time.
A sample QuantTools function prototype can be examined here as PDF