Liquisim's important feature is that the user can carry out a large number of simulations very quickly (depending on the hardware 10,000 runs can be done well within 10 minutes). This allows for testing very different scenarios and
also enables the user to apply his/her expectations regarding the future outcomes of the risk factors applied.
Two risk factors can be modelled stochstically: asset defaults - applying a Merton-style asset value model, and interest rates - using the CIR model.
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