Calculations for structured finance portfolios can be very resource-intensive, especially where clients use complex scenarios, run many bonds in parallel, or require multiple universe runs. Maintaining continuous availability of CPUs, agents, and calculators is costly but reducing that cost isn’t as simple as deleting idle instances or reducing storage capabilities.
We’ve made it easier for our clients by launching Thetica ElastiCloud API. Additional resources can automatically switch on for peak usage and turn off when jobs are done, without interrupting complex calculations that are running or in the queue. Just as with our other system modules, we draw on our deep experience with structured finance data and integrations to customize to your preferences.