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Julia for Banking & Finance

Leverage Julia’s superior speed and performance for quantitative finance, trading, optimization, arbitrage, asset management and risk analysis.

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Aviva uses Julia to make risk modeling run 1,000x faster


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Pumas by JuliaHub Logo - Pumas is a comprehensive platform for pharmaceutical modeling and simulation, providing a single tool for the entire drug development pipeline

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Pumas by JuliaHub Logo - Pumas is a comprehensive platform for pharmaceutical modeling and simulation, providing a single tool for the entire drug development pipeline

Why Julia for Finance?

It’s simple: Speed + Performance + Scalability + Ease of Use

Aviva, one of the world’s largest insurers, is using Julia to comply with the European Union’s Solvency II regime. Aviva reports speed increases from 20x up to 1000x faster compared to their legacy system. Furthermore, Aviva reduced the code for compliance models from 14,000 lines of code in a proprietary legacy system to just 1,000 lines of code in Julia. This doesn’t just increase speed, efficiency and productivity - it also reduces errors and time spent checking and debugging code.

BlackRock, the world’s largest asset manager, uses Julia to power their trademark Aladdin platform.

State Street uses Julia to identify best execution for foreign exchange trading. Conning uses Julia in large scale Monte Carlo simulations for insurance risk assessment.

Other banking, finance and economics users include Atteson Research, the Federal Reserve Bank of New York, Berkery Noyes, Nobel Laureate Thomas J. Sargent, Timeline and Now-Casting Economics.

Interested in Using Large Datasets in Julia?

Watch our webinar to see how to improve the process with JuliaHub.

5
REASONS TO GET ON BOARD

10x to 1000x faster than other traditional products. Works seamlessly on GPUs.

Speed

Julia is the fastest language for finance, including Monte Carlo simulations, dynamic modeling, algorithmic trading and risk analysis.

Much easier to develop and use models. Easy for a new user to learn. Easy to parallelize.

Ease of Use

Accomplish more with fewer lines of code - spend less time coding, editing and debugging.

Much easier to develop and use models. Easy for a new user to learn. Easy to parallelize.

Security

Private package development allows users to develop and secure their own competitive edge.

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Packages

JuliaInXL, Miletus, Bloomberg integration - Julia has the best packages for seamless, integrated financial modeling, analytics, developing and executing trading strategies.

Leverage any computing environment - including the world’s most powerful supercomputers, TPUs and GPUs in the cloud or your own cluster.

High Performance Computing

Julia works with GPUs, TPUs, supercomputers and other high performance computing environments.

What our products can do for the Banking and Finance Sector

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Speed modeling time up to 1,000x

Gain the competitive edge when every microsecond counts

Faster time to market and lower cloud computing costs

Gain accuracy with more simulations

Develop new models faster and more efficiently

Leverage GPUs, TPUs and other high performance hardware

Our Customer Journey

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01

Learn about our products and how you can leverage AI

02

Implement our solution at your preferred pace

03

Experiment with a new project in Pumas & Julia

  • 04

    Educate your team through scheduled training

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    05

    Scale your results in the cloud with JuliaHub

Request a JuliaHub Demo

Learn how JuliaHub can help your organization. Request a demo now.

LEARN MORE ABOUT BANKING & FINANCE AND HOW IT IS BEING USED
Large Scale Stochastic Simulation Using Julia
David Weiss

WEBINAR

Julia at NY Fed
Erica Moszkowski

WEBINAR

Powering Financial Analytics
Aman Thind

WEBINAR

Interested in learning more about JuliaHub and JuliaSim? We are here to help.