Business SituationThe company has Quantitative Analysts who run complex Monte Carlo simulations on deal pricing. The analysts evaluate multiple scenarios of how deals may evolve over the years based on market movements. This information is used by Traders to price, or take a market positions in the futures and options markets.
The simulations were being performed on high performance desktop PCs and took several hours to run. The company was looking at ways to improve accuracy and reliability of these simulations to enable traders to make more informed market decisions.