What are the real needs of a portfolio
manager, a broker or a risk manager?
They all need an user-friendly tool enabling them to follow,
to price and to valuate the risk of many
positions simultaneously and in real time.
User-friendly : a daily working tool should provide
the user with as many facilities as possible in order to speed
up and to simplify his work, enabling him to focus on making
decision.
To follow,
to price and to valuate the risk : the increasing
complexity of the models and of the mathematical tools used to
evaluate the risk require more than a tabler. This is a job
for a genuine programming language.
Simultaneously and in real time : the
following-up of many positions depending on financial markets
variations implies the combination of databases and
of financial data streams.