Version 1.0 release candidate 3 of Fairmat
Release Notes: This is mainly a bug fixing release: problems which prevented Fairmat Academic running properly on Mono 2.8, as well on Ubuntu 10.10, have been fixed. The main visible change is that plug-ins are now user dependent, so users can install their own plug-ins without needing privilege escalation.
Other releases
Release Notes: The development of the last 6 months has been driven by customer feedback and tests on real cases; for example Equity-Linked products modeling and valuation is dramatically improved with new templates available. In details: Fairmat Academic has a new home screen which help new users to perfom the most common actions. Data requests are logged: every valuation is associated to the details of all the historical requests needed for the valuation (i.e price quotes appearing in payoffs). More than 50 users bug have been fixed and ackages for ARCH Linux are also provide on our download area.
Release Notes: The new IAS 39 plug-in allows users to implement the accounting of financial products following the International Accounting Standard (IAS) 39 principles. The convenience yield calculator plug-in implements the capability of calculating instantaneous forward price for commodities like Natural Gas, Fuel Oil, and Gasoil. Many special functions and distribution-related functions are now available to the user interface.
Release Notes: This release allows you to use Data-Link, a new on-demand pricing service that allows pricing of Fairmat models using real market data, allowing both remote and local valuations. There are several usability and documentation improvements, as well as access to Dupire, a local volatility model for modeling equities prices. The Plain-Vanilla plug-in has full support for quanto adjustment, payment dates filtering, and support for different discounting and forwarding curves.
Release Notes: This release contains several fixes and usability improvements: the stochastic processes are now categorized, and the scalar, function editing forms, and software and project Preferences windows have been simplified. The plug-in management system now comes with search functionality. Enforces Fairmat language syntax checks in recurrence functions. Error handling when opening files using drag and drop. Incorrect display of descriptive statistic of Monte Carlo simulation valuations has been fixed.
Release Notes: This release focuses on bugfixing and on improving reliability, the plugins system's robustness, and GUI usability. For example, sensitivity and impact analyses can be applied now also to functions. In this case, the functions will be translated by constant amounts. This feature is very handy when it is necessary to perform stress tests on discounting curves or other non-scalar objects. This release also fixes two regressions included in version 1.3.1 which affected Ubuntu and Mac OS X releases.
