MatLogica Copyright 2022 MATLOGICA GEEKY NOTES An X-Value Adjustment (XVA, xVA) is an umbrella term referring to a number of different “valuation adjustments” that banks must make when assessing the value of derivative contracts that they have entered into Modern compilers for object-oriented languages are not optimized for calculation-intensive tasks. Extensive use of abstraction and virtual functions allows developing an easy-to-read code but the performance penalty is high. Writing high-performing vectorized and multi-thread safe code is a tedious and time-consuming task, while the result is usually hard to maintain. MatLogica’s accelerator utilizes native CPU vectorization and multi-threading, delivering performance comparable to a GPU. For problems such as Monte-Carlo simulations, historical analysis, and "what if" scenarios, the speed can be increased by 6-100x, depending on the original performance. OUR PARTNERS: Tachyum is behind the world’s first Universal Processor, that unifies the functionality of a CPU, a GPU, and a TPU into a single processor that delivers industry-leading performance, cost, and power efficiency Antoine Savine is a French mathematician, academic and financial derivatives practitioner with Superfly Analytics at Danske Bank, winner of the In-House System of the Year 2015 Risk award and RiskMinds’ Excellence in Risk Management and Modelling 2019 award.