Creating Safe and Fair Markets
Many deep issues plaguing today's financial markets are symptoms of a fundamental problem: The complexity of algorithms underlying modern finance has significantly outpaced the power of traditional tools used to design and regulate them. When it comes to exhaustively reasoning about the behaviour of complex algorithms, the only viable solution is formal verification, the use of deep advances in mathematical logic to automatically reason about algorithms and prove properties of programs.
Imandra is bringing formal verification to financial markets for the first time. In this white paper intended for the wider financial industry, we present our vision for the design and regulation of electronic financial markets empowered by formal verification.
Download the white paper:
Creating Safe and Fair Markets
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