Platform Symphony outside Financial Services

Although the majority of Platform Symphony’s customers are in the Financial Services sector, Platform Symphony’s core value propositions (faster, cheaper with more agility) also apply to a variety of industries outside of Financial Services.

For example, Platform Symphony is widely used for Monte Carlo simulations in finance. Those same methods has actually also been applied to fields as diverse as space exploration, oil exploration and predicting cost or schedule over-runs. Specific application areas that make use of Monte-Carlo simulation include:

  • Reliability engineering (CAE)
  • Bio-molecular simulations, computation chemistry (Pharma)
  • Particle physics & big research (Government)
There are also other applications that can utilize the power of Platform Symphony--for example, statistical computing and numerical computing. In my next blog post, I’ll talk about how just how Symphony can be applied in statistical computing scenarios.

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