Numerical Libraries from Visual Numerics

Last week Visual Numerics, Inc., the Houston, Texas based producer of numerical analysis and visualization software, announced the availability of the IMSL C# Numerical Library version 4.0 and JMSL Numerical Library for Java™ Applications version 4.0.

The IMSL C# Numerical Library is written in 100% Visual C# .NET and is designed to make programming easier and faster. The Library also contains powerful algorithms that are the backbone of common analytics such as profit maximization, product design optimization, supply chain efficiency optimization, and demand forecasting. With the use of the IMSL C# Numerical Library, applications built on the Microsoft .NET Framework can provide more powerful business analytics than ever before.

The JMSL Library is the broadest collection of mathematical, statistical, financial, data mining and charting classes available in 100% Java. It combines integrated charting capabilities with the mathematical and statistical functionality of IMSL™ Numerical Library algorithms. The JMSL Library is platform independent, which makes it easy to embed in existing, standalone or networked applications.

Visual Numerics now offers up to 100 fully-tested classes in version 4.0 of the IMSL C# and JMSL Numerical Libraries. The combination of their features is optimal for capital market companies who need to build advanced applications capable of performing portfolio optimization, trading systems analysis and risk modeling on a wide variety of computing platforms. This will help quantitative engineers working in financial services industry to build up applications to solve real world problems and take their product to the market with a faster speed.