Who we are?
Functional Finances is a flexible consultancy company focusing primarily on developing and maintaining tailor made, end-to-end Risk Management solutions for financial institutions, investment firms and small businesses.
Read onServices
We offer services ranging from installing the very low level IT infrastructure (network, workplaces) via creating and maintaining the database holding the information of the instruments and the cash-flows of the client up to pricing the instruments, performing VaR calculations and setting up regular reporting and ad hoc calculations. We also offer expertise in setting up the Risk Management department itself by an experienced Manager and by supporting legal negotiations for collateral agreements (ISDA, CSA).
Read onProjects
- Quantum
- Depending on the needs of our client, Quantum is a toolset that prices a portfolio and calculates various risk metrics accurately and timely using GPUs or a development environment for the quants of our clients to make use of our generic parallel solutions.
- Cloud Computing
- Using cloud computing techniques, we offer support in speeding up existing Matlab applications and paralleling already implemented solutions using tailor made algorithms.
- Research
- Developing an arbitrage-free approximation of Heath-Jarrow-Morton type models for a more efficient evaluation and risk management framework of bond and forward rate related instruments.
