UnRisk FACTORY 2.1 IS Released

26-Aug-10, UnRisk took UnRisk FACTORY 2.1 to financial institutions.

Alexander Dumas' Model

In the LikedIn Group Quant Finance we have a thread What do people think of new "Black Swan" funds and "Black Swan" hedging. With others, I share the view that buying insurance against a Black Swan event, illiquidity might become the Black Swan of a Black Swan event (nobody left to pay if it happens).

The Future That Never Happened

Cover story in Wired, Aug-10 .
We still don't have, Laser Guns, Food in a Pill, Robot Servants, Nano Technology, Fusion Power, Quantum Computing ... and Self-Driving Cars.

The Future Is Getting Old Like The Rest Of Us?

A film conceived in the format of a TV play, part of The Skills Exchange Project at the Serpentine Gallery in London.

I like this small gallery - see Design Real .

The title came into my mind, when I read about and in The Future Of Finance of the London School of Economics.

Shanghai Noon

In about a month UnRisk will visit Shanghai to highlighting the latest directions and technologies in Shanghai Seminars 2010 for financial institutions -  together with our partner China Quants .

1977, The TRS-80 Was Announced on 3-Aug

"Wired", This Day in Tech , Tandy Corp of Texas announced the manufacture of the first mass-product personal computer. 

The Botox Economy

Satyajit Das, a long-time author in Wilmott magazine found this brilliant metaphor in his article in the May-10 issue. 

Computer Says No

Article title in "The Economist", 24-Jul-10. About the requirement of big banks to reform their IT. Yes is is true our tools influence our thinking more than we want. Banks were the first to use mainframes and many are still thinking in applications of that time, operating lots of different data bases producing numbers.

My Begur Vacation Illustrated

I wrote about the contrast between the impressive Cuba-houses in the center and the (now empty) little-boxes-on-the-hillside-made-of -ticky-tacky ...  in Begur and Bubbles .

UnRisk 4.1 Rolls Out With Many New Deal Types

27-Jul-10 - we have released UnRisk PRICING ENGINE and UnRisk-Q version 4.1, introduced as UnRisk 4.1. This release is free for all UnRisk Premium Service users and will be shipped to all new customers immediately. UnRisk has been introduced 2001. Now, UnRisk 4.1 is the 17th release.

read more: Release Info