# APA & AGA

The home of Algorithmic Pricer Acceleration (APA) and Algorithmic Greeks Acceleration (AGA)

Let’s say that we have a pricing function that we need to run thousands or millions of times in the MC simulation. We can accelerate the process by…

- The pricing function is
**passed through MoCaX** **The function is explored**in a small number of “anchor points”**APA**returns an accelerated version of the function**AGA**creates an accelerated version of its derivative functions- These
**accelerated functions**are then used in the Monte Carlo simulation.

**WHAT MAKES MOCAX SPECIAL**

**APA DELIVERS PERFECT PRICING**

APA only needs to run the Original Function around **10 times** per dimention to deliver a typical** accuracy of 10 ^{-5}**. Only 20 calls typically delivers 10

^{-15}(machine precision).

**APA DELIVERS NANO-SECOND PRICING**

The evaluation time of the accelerated functions is of** a few nanoseconds**, __however slow__ the original function is.

**AGA DELIVERS PERFECT GREEKS**

Once APA has been run, **AGA delivers the Greeks **of the pricer with the same precision (e.g. 10^{-5}), same speed (e.g. 10 nanoseconds).

Importantly, AGA delivers the ultra-accurate and ultra-fast expression of the Greeks **without having received their explicit form**.