Former Goldman analyst aims to blend GenAI and synthetic data with start-up

Synthera.ai is taking a novel approach to calculating risk. While promising, industry observers are skeptical.

Monte Carlo simulations were born from the same minds that brought the world the nuclear bomb. Mathematicians Stanislaw Ulam and John Von Neumann, partners on the Manhattan Project, worked together to develop and refine these probabilistic models, which are commonly used for back-testing and “what-if” scenarios in risk management.

In finance, these simulations often run through scenarios thousands or millions of times, using random inputs each time, and then present the outcomes to a portfolio

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here