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Specialists in Risk Analysis and Optimum Decision Making

This is our quarterly newsletter; through this we share with the wider community in the finance sector information about our recent activities.

OptiRisk UK       

OptiRisk India

OptiRisk UK

Upcoming Events

  • R for Finance workshop  5 – 6 March 2013
  • IBM  Optimisation & Risk Management Forum in the  Financial Services Sector 10 April 2013
  • Sentiment Analysis Applied to Finance  25 - 26 April 2013
  • Financial Analytics Bootcamp  29 April  - 3 May 2013

Progress with Software Tools

  • We have added a new feature to AMPLDev: an interactive console for AMPL and SAMPL. OptiRisk software development team is also working on adding some more features to the next version.
  • AMPLNET is being implemented in Java, making it compatible with many different computer architectures. Supported platforms will be Windows (x86 and x64), MacOSX (from Leopard Lion onwards) and almost every flavour of Intel-based Linux and Unix. R and MATLAB accessibility will be natively supported too.
  • The VaR (Value at Risk) Calculator for the NORM project is being finalized; in this project Optirisk provides server access to VaR and News Enhanced VaR data
  • The NAT tool API specification has been completed and is being circulated among our partner companies
  • We are introducing Gurobi as an embedded solver within FortSP .The CPLEX version of FortSP performs robustly.
  • A new heuristic within the FortSP/SIP framework is under development.

Other News Items

  • OptiRisk Systems has become a corporate member of PRMIA
  • OptiRisk has recently become a partner of the 14 – 10 Club @ the Royal Institution. This club was set up in 2011 and is sponsored by leading hedge funds.
  • ORSI Tutorial - Optimum Decision Making Under Uncertainty: Methods, Applications and Case Studies on 19 December was presented in Kolkata by Prof. Gautam Mitra and Prof. Enza Messina.
  • OptiRisk Systems UK welcomes Antonio Sawaya, who is joining OptiRisk on 1 February as Techno Marketing Executive
  • Muktamala Chakrabarti a PhD researcher at IIM Calcutta is joining OptiRisk as an intern starting in March. She is going to work on classification for texts appearing in Social Media.
  • Humberto Brandao from Universidade Federal de Alfenas, Brazil is visiting us for the next 6 months. He will work on adding features and capabilities to the NAT Tool API.

Webinar:  R for Finance

17 January 2013 @12PM GMT
OptiRisk UK has organised “R for Finance” webinar on 17 January @12.00PM GMT. This webinar was presented by an expert in R for Finance, Ronald Hochreiter. Ronald outlined how simple it is to conduct professional financial engineering tasks using R through demos and by answering questions of attendees.

OptiRisk India


  • Optirisk India has developed  “OptiRisk Route Planning and Scheduling Software (ORPSS)  a scheduling software capable of handling real life constraints like multiple carriers, split deliveries, time windows, heterogeneous fleets, different transportation modes,  multi commodity and multi warehouse dispatch
  • OptiRisk India is continuously growing and working on the developing the client specific GUI based optimization application in the areas of
  1. Warehouse throughput synchronization and Outbound Logistics for one of the top automobile companies.
  2. Stock Transfer logistics planning and optimization between warehouse and factories of another top automobile company.
  3. Outbound logistics for a LPG distribution company and Seed distribution company.
  4. Power trading & order clearance system/model which is designed to maximize social welfare.
  5. Risk Analysis solutions for niche Investment Management Firms.


OptiRisk India is providing mathematical modelling/operations research training on

  • ODME
  • AMPL
  • ILOG Transportation and Inventory Analyst etc.

Software Sales

The new clients of OptiRisk India are listed below:

  • IIM Lucknow
  • IIT Madras
  • The Himalayas Health care


OptiRisk India organised a webinar on 9 January 2013 to present the optimisation and risk analysis applications which were created using IBM’s ODME and CONCERT technology tools

Partner Institutions

  • IBM
  • 14 – 10 Club @ the Royal Institution
  • RavenPack
  • Thomson Reuters
  • Fraunhofer ITWM

For further information please contact

Web:www.optirisk-systems.com Email:info@optirisk-systems.com
Tel: +44 (0)1895 819 486/488 Twitter:@OptiRiskSystem1 LinkedIn:OptiRisk Systems

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This Newsletter was compiled by Aqeela Rahman