It is a culmination of years of experience (approximately ~10 person years joint coding effort – real blood, sweat and tears!) and the desire to ‘leave something behind’ that is
Good point. ORE has not bee designed from scratch at the drawing board. OREs architecture grew out of years of industry experience the Quaternion team has as users, developers and
It is open source, so your IT can scan it for any malware, and your model validation can check down to the last line of code. Whether it is secure
Certainly, we would encourage people to talk about ORE publicly and help promoting the idea. Members of the project sponsor are doing this already and will continue to do so.
We have created a forum page on opensourcerisk.org to enable exchange between users and developers from day one. You can also subscribe there to get notified when there are updates
Yes, the ORE framework is used in production. We have started a case studies page on opensourcerisk.org to list cases we are aware of and that we are allowed to
That’s a good idea. We will add to opensourcerisk.org as we become aware of institutions using it (and when the institutions agree to publishing this).
ORE is written in C++. ORE consists of three libraries (QuantExt, OREData and OREAnalytics) and a command line application that demonstrates how ORE’s functionality can be used. QuantExt uses C++98
Not yet, but we are working on an ORE book for that purpose.
Not yet, please feel free to contribute your experience with ORE in the form of a tutorial.