Calibration Services
Calibration is the process of choosing a set of parameters to ensure a model produces the desired results and it is a core component of Barrie & Hibbert’s services.
We provide regular calibration updates for all our standard models to ensure that they continue to reflect the latest market conditions. These updates include Market Consistent (MC) calibrations, for fair value calculations, and Real World (RW) calibrations, designed to produce realistic asset distributions over a range of time horizons, asset classes and economies.
We currently provide Market Consistent calibrations for around fifteen economies and Real World calibrations for more than twenty, with new economies being added regularly.
In addition to this standard service, Barrie & Hibbert assists its clients by providing bespoke calibration services:
- in new economies
- with varying economic assumptions
- to alternative asset classes
- at non-standard dates.
Barrie & Hibbert also provides a suite of calibration tools alongside expert consultancy and research for clients who perform these tasks in-house.