The recent financial crisis has stressed the need to understand financial systems as networks of interdependent countries, where crossborder financial linkages play the fundamental role. It has also been emphasized that the relevance of these networks relies on the representation of changes follow on the occurrence of stress events. Here, from series of interbank liabilities and claims over dif...

The current practice in financial engineering, especially in computational finance can profit from the Model-Driven Architecture approach known from software engineering. Many of the current problems in the practical implementation of financial models can be overcome by a domain specific language for finance. This paper proposes ThetaML as such a language and presents examples for its abilities...

the asia-pacific region generates over half of global economic activity (54.2%) and about 43.7% of global trade, and is the most dynamic region in the global economy. at the core of this is an increasingly dynamic, vibrant and entrepreneurial small-medium sized enterprise sector. advances in information and communications technology, market liberalisation and moves towards closer regional econo...