07:05 AM EDT, 10/17/2024 (MT Newswires) -- Nasdaq (NDAQ) said Thursday it has developed an innovative new methodology for investment portfolio risk calculations and predictive analytics, leveraging advanced machine learning capabilities.

The company said the new technology, called the XVA Accelerator, utilizes Chebyshev Tensors, a sophisticated mathematical modeling technique, to enhance the efficiency of complex trading and regulatory risk calculations.

It added that the technology allows financial instruments to be priced across millions of scenarios up to 100 times faster while maintaining high accuracy and reducing the physical infrastructure required for the calculations.

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