Blog | Gimlé Digital

Margin Calls in the Cloud with Apache Spark and Databricks

A simple example of how margin call calculation for large amounts of deals can be done with a little help of distributed processing and cloud computing.

Credit Risk: Probability of Default Estimation Revisited

A frog with a butterfly sitting on its head

Can we obtain probability of default for a portfolio with very few credit events? Here is a statistical approach, accompanied by a Scala programming example.

Better understanding of Value-at-Risk

Gimle Digital has elaborated suggested solutions based on Scala programs for the exercises in the book “Value-at-Risk: Theory and Practice” by Glyn A. Holton

Video Games meet Business Software - A ScalaFx Primer

Economics and financial software might make good use of modern graphics APIs that are used in video game programming and other demanding environments.

Newton-Raphson Made Easy with Scala

Isaac Newton and the cover of a book by Raphson

A convenient way of handling normal distributions, the Black-Scholes formula, yield curves and other formulas that are crucial in financial calculus.

How to Download and Display Eurostat Data in a Split Second

Graph: average EUR-YEN exchange rates for the last 10 years

A quick guide on how to make your own software application that handles official statistics, accompanied by a Scala programming example.

Handling Holidays in Your Software

Keeping track of holidays is important in many industries but calendars are based on complex astronomical observations with roots in ancient cultures.

The power of Scala: A bond calculator with just 39 lines of code

Yield to maturity is a basic measure for investment in bonds. One way to calculate it is by using object oriented and functional programming with Scala.