Temperature Control in the Production of Heavy Plates
Excellent mechanical properties of heavy steel plates depend on a tight monitoring and control of the thermal history during the production steps “hot rolling” and “accelerated cooling”.
Looking through the Turbulent Sky
Images captured by ground-based telescopes are blurred due to the turbulence of the atmosphere. We have been working on algorithms for deformable mirrors which have to be adjusted 3000 times a second for sharp images.
UnRisk Software Solutions for the Financial Industries
Financial institutions (banks, asset management firms, insurance companies) must valuate their assets and liabilities and to analyse their financial risk on a regular (often: daily) basis. MathConsult have been developing their UnRisk® product family to achieve these tasks.
Speeding Up Simulation for Automotive Industries
The numerical simulation of parts of car engines may be quite time consuming. For running hardware-in-the-loop systems, computation times must be reduced by a factor 100.
Robust Calibration of Local Volatility Models
For the so-called local volatility model, Bruno Dupire derived a closed form solution, which, when naively applied, delivers cliffy volatility surfaces. A robust and fast parameter calibration scheme has to be found.
A Kinetic Model of Blast Furnace
Blast furnaces have been used for iron production since centuries. In today’s competitive engineering markets, math-based furnace simulation can cover operating conditions which are not accessible by experiment
A Workout in Computational Finance
Michael Aichinger and Andreas Binder present their survival kit of numerical methods for finance. This book, published by Wiley in 2013, is also the basis of the UnRisk ACADEMY.