As part of the course, Front Arena will be used to show how the pricing of options is carried out in âreal lifeâ scenarios as well as in an integrated bank environment. The solution will be part of a course in which students will use Front Arenaâs existing models. As students progress through their course of study, they will also be able to use Front Arena to build their own models or modify existing models.
HÃ¥kan Lanshammar, Professor and Head of the Department of Information Technology at Uppsala University, said: âWe know that the link between theory and real life is important in enhancing the learning process and preparing students for their future careers in financial services. We are therefore delighted to be able to offer students first-hand insight not only into generic methods and algorithms, but also into commercial software."
Christian Kromann, general manager, Nordic, for SunGardâs capital markets business, said, âA thorough knowledge of mathematical models has become a must for the traders of the future, whether for modeling products in terms of risk and price calculation or applying advanced algorithms for competitive high frequency trading. By providing Uppsala University with the Front Arena solution, SunGard is able to contribute to the educational program and help prepare potential options traders of the future.â