Barclays turns to Simudyne to manage risk on simulated virtual environment

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Barclays has signed an enterprise-wide license agreement with simulation company Simudyne to explore new ways to manage risk in a simulated virtual environment, leading to smarter business decisions.

The simulations that Barclays has been building with Simudyne’s toolkit take advantage of an innovative technique known as ‘agent-based modelling’, which is increasingly being recognised as an important development in quantitative analysis. Agent-based models allow businesses to simulate complex networks, like financial markets, by examining how the interactions of large individual agents

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