Leading Edge Technology

Each of the software packages of the Fermat software suite meets a specific perimeter of a financial institution's requirements. All software packages run within a common architecture. As a consequence of this common architecture, financial institutions can benefit from a global, truly coherent and comprehensive solution. The Fermat software suite is built on an 3-tier architecture. The solution's main components are:

The Database Server

Fermat operates on an Oracle Relational Database Management System. Clients can choose the most appropriate hardware and operating system for their environment, including platforms such as Windows, Linux or Unix.

The Calculation Engine

The calculation engine is written in C++ and runs on Windows XP/2003/2000. In case of multiple simultaneous calculations or very large volumes of exposures to be processed, several calculation servers can share the workload and compute data in parallel. The calculation servers can be departmentally dedicated servers or enterprise-wide with time-shared utilization. An industry standard financial library, FinCAD to price financial products, is embedded in addition to which Fermat has developed its own calculation libraries to assess certain specific financial instruments.

The Client Application

The client application is available as thick, thin or true web client. No calculations or data storage are performed locally. The communication channel between the client workstation and the Oracle Database is provided by Oracle Net native technology.

Optional Components

Fermat software deployment can also include several optional components to address specific requirements: