zeb//control calculation

Enables flexible and powerful calculations

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zeb//control calculation is the powerful and flexible calculation engine of zeb//control and performs all the computations required. For example, it establishes cash flows for all banking products and calculates all the contribution margin levels for customer transactions both as present values and period-oriented data and supplies theoretical market prices and sensitivity indicators for derivatives.

With its modelling approach, zeb//control calculation implements an optimal concept combining programming and static parameter definition:

• Business users define parameters for calculations taking account of bank structures (e.g. organisational structure, product structure, exposure classes, portfolio structure).
• Parameters are specifically marked measures that can be based on constant factors or formulas.
• Financial algorithms are implemented through simple formulas or, in more complex functional modules, by means of a descriptive formula language.
• The graphic user interfaces support users with regard to the syntax to be used and directly check the modeling for correctness.

Thanks to the strong modularisation of the engine, the implementation of new functional requirements does not necessitate extensive, complex code-adjustments of a "monolithic" engine, but only targeted extensions. Based on the numerous available functional components, new requirements can be implemented without programming by trained users very quickly and efficiently.

zeb//control calculation already provides extensive, practice-tested standard engine functionalities specific to banking. A concrete implementation of zeb//control is integrated like a building block into the existing architecture of the bank; individual calculation processes can be expanded gradually in a targeted way. Different technical platforms and technologies used are easily combined through Java/Scala interfaces. Owing to its tailored and standard modules with standard interfaces, the platform ensures high investment security as well as timely and cost-efficient integrations.

This approach allows banks to get a top modern calculation engine infrastructure with pre-modelled banking content that can be expanded on its own, while being able to benefit from zeb/'s ongoing development efforts.

Do you need further information or are you interested in using zeb//control calculation in your bank? We would be pleased to arrange a meeting at your office to present all the functionalities of zeb//control calculation and discuss its application in your bank.