[UFO Chicago] open source finance

[Brian Sobolak]

It is quite interesting to me to see open-source models applied to other
fields.  The idea of open-source bond ratings is compelling.  Not only is
the model open-source, but the software is too.

http://www.publicsectorcredit.org/pscf.html

Of course Value-At-Risk (VaR) was widely implemented if not explicitly
open-source.

It's an interesting concept to consider if making something open-source
will allow it to succeed *and* provide some copyright protection, given
how quickly ideas in finance tend to spread through simple copying.

brian

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