The Critical Role of Pricer Software in Banking and Finance

BNP Paribas, one of the world’s leading banking and financial services institutions, operates in a highly dynamic and risk-sensitive environment. An important aspect of its operations within its Global Markets division is the need for a robust and reliable risk calculation engine that can handle millions of daily requests with high accuracy, performance, and reliability. BNP Paribas adopted the Ada programming language to enhance its ability to meet these demands for its risk calculation models within the equity pricer. This case study explores how Ada has been highly beneficial in BNP Paribas’s ability to deliver reliable, high-performance solutions across its markets business.