Category Archives: Finance theory and practice

Random Numbers ++

In numerical calculation, Monte Carlo simulations plays very important role. The Monte Carlo simulations are solid numerical equations sailing on thousands of random numbers and converges to a result. This post is about random numbers and Monte Carlo simulations. Recently, I presented a talk at “ACCU conference“. The presentation document is here: As this is a topic of interest to people involving in numerical simulations, it is presented in You… Read More »


Hello, Welcome to the first blog of Numerical Solution (UK) Limited. This is a company with an aim to provide consultancy, tutoring and programming solution in numerical subjects, especially in mathematical and computational finance. It is named as “numerical solution”, because in mathematics there are two popular solutions, i.e., analytical method of finding exact solution and numerical method of finding the best possible solution. Wherever probability plays a key role,… Read More »