Title Study of the simulation and optimization system of interbank settlements
Translation of Title Tarpbankinių atsiskaitymų imitavimo ir optimizavimo sistemos tyrimas.
Authors Bakšys, Donatas ; Sakalauskas, Leonidas
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Is Part of Informacinės technologijos ir valdymas = Information technology and control.. Kaunas : Technologija. 2007, t. 36, Nr. 4, p. 388-392.. ISSN 1392-124X. eISSN 2335-884X
Keywords [eng] interbank payments ; settlements ; modelling of interbank settlements ; optimisation of settlement costs
Abstract [eng] The aim of this paper is a computer study of the system for simulation and optimization of interbank settlements. The system is based on the Poisson-lognormal model of settlement flow and performs iterative simulation and optimization of expected transaction costs using randomly generated samples of transaction flows. The results of study by Monte-Carlo simulation are given, based on data of the payment and settlement system of the Bank of Lithuania.
Published Kaunas : Technologija
Type Journal article
Language English
Publication date 2007
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