<t>I would say that if the desk does not allready rely on a major analytics package written in C++ then Java or C# (.NET) is the best way to proceed. Preferable u build a basic API containing the instruments u need and pricing engines etc. However, I would sya that Smartspread is one of the best too...

<t>Ladies and gents,it seems as market practitioners still favor the use of short rate models for pricing exotics, e.g. the use of the normal Hull-White model for pricing of Bermudan swaptions, even though 'better' and more market close models such as Libor Market models are available. Normally one ...