State Street Corporation
TECHNIQUES FOR ACCURATE EVALUATION OF A FINANCIAL PORTFOLIO
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Abstract:
Various embodiments are generally directed to techniques for accurate evaluation of a financial portfolio. Techniques described herein may include an apparatus comprising: a processing circuit; and an approximate computing engine, executed on the processing circuit, operative to process data items corresponding to prices of funds, compute a Net Asset Value (NAV) based on the data items, determine a precision associated with the Net Asset Value (NAV), and based upon a precision metric, determine whether to use the Net Asset Value (NAV) in a business decision. Other embodiments are described.
Status:
Application
Type:
Utility
Filling date:
22 Apr 2019
Issue date:
24 Oct 2019