A deep learning-based high-order operator splitting method for high-dimensional nonlinear parabolic PDEs via Malliavin calculus: application to CVA computation

Riu Naito, Toshihiro Yamada

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

3 Scopus citations

Abstract

The paper introduces a deep learning-based high-order operator splitting method for nonlinear parabolic partial differential equations (PDEs) by using a Malliavin calculus approach. Through the method, a solution of a nonlinear PDE is accurately approximated even when the dimension of the PDE is high. As an application, the method is applied to the CVA computation in high-dimensional finance models. Numerical experiments performed on GPUs show the efficiency of the proposed method.

Original languageEnglish
Title of host publication2022 IEEE Symposium on Computational Intelligence for Financial Engineering and Economics, CIFEr 2022 - Proceedings
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781665442343
DOIs
StatePublished - 2022
Event2022 IEEE Symposium on Computational Intelligence for Financial Engineering and Economics, CIFEr 2022 - Virtual, Helsinki, Finland
Duration: 2022/05/042022/05/05

Publication series

Name2022 IEEE Symposium on Computational Intelligence for Financial Engineering and Economics, CIFEr 2022 - Proceedings

Conference

Conference2022 IEEE Symposium on Computational Intelligence for Financial Engineering and Economics, CIFEr 2022
Country/TerritoryFinland
CityVirtual, Helsinki
Period2022/05/042022/05/05

Keywords

  • CVA
  • Deep learning
  • GPU
  • Malliavin calculus
  • Nonlinear parabolic PDEs

ASJC Scopus subject areas

  • Artificial Intelligence
  • Computer Science Applications
  • Information Systems and Management
  • Economics and Econometrics
  • Finance
  • Computational Mathematics
  • Control and Optimization
  • Modeling and Simulation

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