Optimise your products, don’t just manage them!
The Underlying Optimiser is designed to compare the prices of a product using different combinations of underlyings.
It is possible to choose either single underlying or to combine multiple underlyings in a worst-of or equally weighted performance basket format. The user can either add underlyings to the ones existing in the contract definition or completely substitute them with a new selection.
Evaluate the impact of various underlying selections on the price, the barrier crossing probability, the early redemption probability and the average lifetime in years, than choose the most appropriate combination that fully satisfies your needs.
Figure 1: The Underlying Optimiser prices a structure with different combinations of underlyings