Molecule Software Blog

The Molecule Software ETRM/CTRM Blog

The Saga of VaR

One of Molecule’s most important product development milestones to date has been releasing our dead-simple, near-real-time Monte Carlo VaR. It’s taken us years to do, unlike literally every other feature we have built.

Why? Part of the reason is that it’s a complex calculation that’s difficult to present simply, consistently, and clearly. Also, it’s both important and difficult to get right -- and to prove that it’s right.

So we enlisted the help of a superstar: Dr. Ehud Ronn, a professor at the McCombs School of Business at the University of Texas. With his help, we built a validation framework and tested our goods.

On Thursday, July 27 at 1pm CT, we invite you to join Ehud and Sameer Soleja, Founder and CEO of Molecule Software to learn more about:

  • Why it was so difficult for us to build - and to get right
  • What a "right" VaR even means - that’s a head-scratcher, we know
  • How we validated our approach and how you can validate yours
  • When Ehud will be able to actually predict the future (Molecule Release #10,317)

Our new VaR is awesome. It’ll make you want to throw your spreadsheets out of the proverbial window. Imagine--you know that your VaR is right, and you don’t have to do anything to make it so! Join us to learn more about it.

There are limited places available for this webinar, so we encourage you to save your spot as soon as you can. Click here to register.