Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.
Other cookies are those that are being identified and have not been classified into any category as yet.
BEAVERTON, Ore. – Dec. 11, 2024 – Gurobi Optimization, LLC, the leader in decision intelligence technology, is pleased to announce the launch of a dedicated technical documentation resource (“Gurobi Finance”) for the financial services industry, designed to enhance financial decision-making through advanced mathematical optimization.
For over 50 years, mathematical optimization has been a key technology for leading financial services companies. Today, Gurobi’s solver helps many of those companies address complex business challenges, such as portfolio optimization, cash management, trade settlement, and asset-liability management.
Gurobi’s new documentation—which includes several self-contained Jupyter notebooks that discuss the modeling of typical features in mean-variance (M-V) portfolio optimization—will provide financial institutions with the resources they need to make data-driven decisions and enhance operational efficiency, profitability, regulatory compliance, and risk management.
“Gurobi Finance provides resources and best practices to help financial institutions successfully develop a portfolio optimization model using Gurobi,” said Duke Perrucci, CEO of Gurobi Optimization. “With our mixed-integer programming (MIP) technology, financial professionals can incorporate discrete decisions into their portfolio selections, leading to more feasible, optimal solutions.”
The comprehensive technical documentation is tailored specifically for the financial services industry, enabling quantitative analysts and portfolio managers to leverage MIP technology for sophisticated portfolio optimization and other critical financial applications. Gurobi Finance materials include ready-to-use implementations, which provide starting points for customer applications. Users can also access modeling best practices and choose from a diverse range of portfolio constraints, including market impact, turnover, or cardinality.
To learn more about Gurobi Finance, visit https://gurobi-finance.readthedocs.io/.
About Gurobi Optimization
With Gurobi’s decision intelligence technology, customers can make optimal business decisions in seconds. From workforce scheduling and portfolio optimization to supply chain design and everything in between, Gurobi identifies the optimal solution, out of trillions of possibilities.
As the leader in decision intelligence, Gurobi delivers easy-to-integrate, full-featured software and best-in-class support, with an industry-leading 98% customer satisfaction rating.
Founded in 2008, Gurobi has operations in the Americas, Europe, and Asia. It serves customers in nearly all industries, including organizations like SAP, Air France, and the National Football League. For more information, please visit https://stage.gurobi.com/ or call +1 713 871 9341.
Contact
Kaelyn Barron
(909) 359 4782
Gurobi Optimization
GUROBI NEWSLETTER
Latest news and releases
Cookie Settings | Privacy Policy | Accessibility Statement | © Gurobi Optimization, LLC. All Rights Reserved.
