With a deployed footprint of less than 20MB, the QuIC Engine™ allows standard desktop computers to easily achieve levels of performance previously associated with supercomputers - with further scalability into large distributed server environments for solving larger computational problems.

The QuIC Engine is designed with concepts from the supercomputing industry used to solve large mathematical problems. QuIC Script™, a vector computing language is used to express financial solutions to the QuIC Engine in a form recognisable by most mathematicians. It is open and user-publishable. Due to its unique vectorised approach, the QuIC Engine can perform tasks in seconds that can take other systems hours to complete. The QuIC Engine offers users the ability to dynamically extend and customise their system's functionality to quickly accommodate new and competitive complex models, instruments and analytics.

The QuIC Engine runs on multiple operating systems and has been designed to scale to deployments of any size – ranging from single laptops to large distributed systems (multi-CPU, grids, or clusters). The types of challenges the QuIC Engine addresses include portfolio simulation (including Monte Carlo-based PFE), Credit VaR and VaR, to the valuation of the most complex derivative securities, to full model and data calibration solutions.

The QuIC Engine is open and flexible, providing users with the ability to separate the finance from the core math providing an ‘open box’ solution that simplifies instrument definitions, simulation models and analytics; for use with the math calculation engine. This open approach allows for reduced development time and faster implementation of new products.