NU Online News Service, June 19, 10:05 a.m. – Thomson Financial/Wiesenberger, Rockville, Md., has agreed to use statistical modeling tools from Financeware.com, Richmond, Va., on its Thomson Advisor financial services Web site.
Financeware.com will be supplying the site's Monte Carlo simulation system.
Financial advisors use Monte Carlo simulations to allocate clients' assets and handle advanced problems in financial planning.
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