Software developer
OptiRisk Systems is a UK-based company with a global reach that provides products and services for Optimization and Risk Management solutions. OptiRisk serves customers across a number of business sectors including finance, defence, transportation and supply chain logistics.
In general the company is very much research-led and has a long and successful record of transferring knowledge from academic institutions to leading-edge software systems. In particular it has harnessed the research knowledge of CARISMA (Centre for analysis of Risk and Optimization modeling applications) at Brunel University, UK.
The company as such and also through its association with CARISMA has a global reach. It has the benefit of interacting with the leading specialists in the USA and Europe
OptiRisk’s product portfolio:
FortMP (Optimization software), AMPL Studio (Mathematical modeling software), FortSP, SPInE (Extension of AMPL for Stochastic programming) to name a few.
As part of its development plans, OptiRisk Systems has scheduled the re-write and enhancement of its FortMP optimization solver.
Brief description of the project
- Enhancement of the existing algorithms such as:
- Sparse simplex for linear programs (LP) and quadratic programs (QP)
- Interior point method for LPs and QPs
- Mixed integer programs for LP and QP
- Benders decomposition and stochastic decomposition for stochastic programming
- New algorithms such as
- Mathematical programs with equilibrium constraints (MPEC)
- Positive semi-definite programming including second order cone programming are planned for research and development
- A computationally efficient software tool which uses sparse matrix technology and FORTRAN 2000.